| Title | Bill ID | Year | Branch | Body |
|---|---|---|---|---|
| ELIMINATE PERA’S UNFUNDED LIABILITY | SB 1 | 2010 | Senate |
The net assets of the Public Employees Retirement Association (PERA) decreased from $41.4 billion as of December 31, 2007, to $30.9 billion as of July 31, 2009. Thus, there is a likelihood of the funds becoming insolvent within the next 30 years. Failure to take... |