Following the announcement earlier this year that Colorado’s Public Employee Retirement Association or PERA had $30 billion in unfunded liability, the Board is now recommending comprehensive reforms designed to reduce the overall risk and reduce the amount of time it will take the retirement program to be fully funded. The Board’s recommendations, which Continue reading
Tag Archives: Retirement
Changes Coming To CO PERA Program?
Retirement Party For Walt Vanatta Wednesday
A retirement party will be held this week in Craig for outgoing Police Chief Walt Vanatta. The celebration will be held Wednesday afternoon, in the Craig City Council Chambers from 2 to 4. Vanatta accepted a retirement package from the city last month. His last day as Chief was August 8th, but Vanatta has been Continue reading
Routt County Under-Sheriff Birch To Retire
After 38 years of public service, Routt County Under-sheriff Ray Birch has announced his Retirement. Birch’s last day at the department will be September 1st. In a post on Facebook, the Routt County Sheriff’s Office thanked Birch for his Continue reading
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Tagged Birch, county, Facebook, Ray, Retire, Retirement, Routt, September 1st, Sheriff
Walt Vanatta Accepts Retirement Package From City
Craig Police Chief Walt Vanatta has accepted a retirement package from the City, and will be hanging up his badge early next week. Vanatta’s final day as Chief of police will be Tuesday, but he is expected to work closely with interim police Chief Jerry DeLong to ensure a smooth transition at the department. Craig City Manager Mike Foreman said the city will be Continue reading
Colorado PERA Contributes $6 Billion In 2016
A new report shows that Colorado PERA has a large impact on the state’s economy. A study conducted by Pace Economics out of Boulder, found that the retirement account for state employees contributed more than $6 billion to Colorado retirees in 2016 and sustained more than 32,000 jobs in the state. These contributions also benefit local economies, especially those in rural Colorado, where PERA payments can make up a Continue reading
CO PERA Has Billions In Unfunded Liability
Colorado Treasurer Walker Stapleton announced last week that Colorado’s Public Employee Retirement Association or PERA currently has $30 billion in unfunded liability. The Unfunded liability is the money the system owes but currently doe’s not have in its accounts. To help protect employees and tax payers from shouldering the burden of the Continue reading
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Tagged $30 Billion, Association, colorado, contributions, economics, employee, employees, public, Retirement, Stapleton, tax payer, Treasurer, unfunded liability, Walker
Moffat County and Craig Leaders Address Future Closing Of Unit 1
The Moffat County Commissioners along with the Craig City Council and Craig Mayor Ray Beck have released a joint statement regarding the announced closure of Craig Station Unit 1. While they expressed their disappointed in the closure, they are pleased to have time to prepare for its effects. They acknowledged that closing Craig Station Unit 1 will Continue reading
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Tagged closing, commissioners, council, county, Craig, Craig Station, mayor, Moffat, Retire, Retirement, statement, Unit 1, Unit one
Manning Announces Retirement
Peyton Manning announced yesterday that he will not be returning to the Denver Bronco’s and will retire from the National Football League. In Manning’s 18 seasons he set almost every major passing record in the NFL, holding Continue reading
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Tagged Broncos, manning, Peyton, Retirement
Steamboat President Announces Retirement
Steamboat Ski & Resort Corporation announced today that Chris Diamond, president and chief operating officer, has decided to step down from his current role on June 30, 2015, the end of the Continue reading
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Tagged Chris Diamond, Intrawest, Retirement, ski, Ski & Resort, Steamboat
