Colorado PERA administers pension and other benefits for state employees, public school teachers, and employees (except non-public safety personnel) of political subdivisions that have elected to participate. The System administers separate plans for state employees, school employees, local governments, and judges.
Colorado Public Employees Retirement Association Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Colorado Municipal |
5,397.1 |
24,969 |
| Colorado School |
32,461.9 |
232,914 |
| Colorado State |
18,269.6 |
108,091 |
| Denver Schools |
4,346.9 |
26,306 |
| Other Plans |
453.8 |
286,384 |
| Total |
60,929.3 |
678,664 |
Source: Public Plans Database (as of 2023)
Note: Colorado Public Employees Retirement Association has 0 other plans.
Assets
Assets at Year-End
Colorado Public Employees Retirement Association
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
29.6 |
| 2002 |
25.6 |
| 2003 |
31.5 |
| 2004 |
34.8 |
| 2005 |
37.2 |
| 2006 |
41.5 |
| 2007 |
44.2 |
| 2008 |
31.8 |
| 2009 |
35.4 |
| 2010 |
38.4 |
| 2011 |
37.2 |
| 2012 |
39.9 |
| 2013 |
43.8 |
| 2014 |
44.2 |
| 2015 |
42.7 |
| 2016 |
43.4 |
| 2017 |
48.7 |
| 2018 |
44.9 |
| 2019 |
51.8 |
| 2020 |
58.3 |
| 2021 |
65.6 |
| 2022 |
55.4 |
| 2023 |
60.9 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Colorado Public Employees Retirement Association |
US State and Local Pensions |
| 2001 |
2.8 |
2.4 |
| 2002 |
2.7 |
2.3 |
| 2003 |
2.6 |
2.2 |
| 2004 |
2.5 |
2.1 |
| 2005 |
2.4 |
2.1 |
| 2006 |
2.3 |
2.0 |
| 2007 |
2.3 |
2.0 |
| 2008 |
2.3 |
1.9 |
| 2009 |
2.2 |
1.9 |
| 2010 |
2.1 |
1.8 |
| 2011 |
2.1 |
1.7 |
| 2012 |
2.0 |
1.6 |
| 2013 |
1.9 |
1.5 |
| 2014 |
1.9 |
1.4 |
| 2015 |
1.8 |
1.4 |
| 2016 |
1.8 |
1.4 |
| 2017 |
1.8 |
1.4 |
| 2018 |
1.7 |
1.3 |
| 2019 |
1.7 |
1.3 |
| 2020 |
1.6 |
1.3 |
| 2021 |
1.6 |
1.2 |
| 2022 |
1.5 |
1.2 |
| 2023 |
1.5 |
1.2 |
2023 Membership for Colorado Public Employees Retirement Association
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 213,548 |
138,553 |
41,015 |
678,664 |
400 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Colorado Public Employees Retirement Association
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-584.8 |
29,595.1 |
| 2002 |
-468.1 |
25,641.4 |
| 2003 |
-160.4 |
31,505.2 |
| 2004 |
-882.6 |
34,842.0 |
| 2005 |
-939.5 |
37,196.7 |
| 2006 |
-1,289.9 |
41,504.3 |
| 2007 |
-1,469.3 |
44,157.3 |
| 2008 |
-1,152.0 |
31,774.2 |
| 2009 |
-1,695.6 |
35,435.4 |
| 2010 |
-1,807.3 |
38,405.7 |
| 2011 |
-1,899.8 |
37,222.0 |
| 2012 |
-2,045.5 |
39,879.1 |
| 2013 |
-2,152.2 |
43,773.9 |
| 2014 |
-2,002.4 |
44,229.3 |
| 2015 |
-2,243.2 |
42,658.5 |
| 2016 |
-2,294.3 |
43,395.6 |
| 2017 |
-2,383.1 |
48,667.4 |
| 2018 |
-2,184.4 |
44,906.7 |
| 2019 |
-2,064.8 |
51,777.9 |
| 2020 |
-2,170.3 |
58,273.2 |
| 2021 |
-1,879.6 |
65,595.3 |
| 2022 |
-1,434.5 |
55,427.6 |
| 2023 |
-1,786.5 |
60,929.3 |
2023 Cash Flows for Colorado Public Employees Retirement Association (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 3,800.5 |
5,587.0 |
7,288.1 |
5,501.7 |
Cash Flow as a Percentage of Assets
Colorado Public Employees Retirement Association
2001-2023
| Fiscal Year |
Colorado Public Employees Retirement Association |
National Average |
| 2001 |
-2.0 |
-2.1 |
| 2002 |
-1.8 |
-2.0 |
| 2003 |
-0.5 |
-2.5 |
| 2004 |
-2.5 |
-2.0 |
| 2005 |
-2.5 |
-2.2 |
| 2006 |
-3.1 |
-2.2 |
| 2007 |
-3.3 |
-2.1 |
| 2008 |
-3.6 |
-2.3 |
| 2009 |
-4.8 |
-3.1 |
| 2010 |
-4.7 |
-3.2 |
| 2011 |
-5.1 |
-3.1 |
| 2012 |
-5.1 |
-3.3 |
| 2013 |
-4.9 |
-3.1 |
| 2014 |
-4.5 |
-2.9 |
| 2015 |
-5.3 |
-2.8 |
| 2016 |
-5.3 |
-3.0 |
| 2017 |
-4.9 |
-2.9 |
| 2018 |
-4.9 |
-2.6 |
| 2019 |
-4.0 |
-2.6 |
| 2020 |
-3.7 |
-2.4 |
| 2021 |
-2.9 |
-2.1 |
| 2022 |
-2.6 |
-2.1 |
| 2023 |
-2.9 |
-2.1 |
