2010 Bills

Title Bill ID Branch Year Body
ELIMINATE PERA’S UNFUNDED LIABILITY SB 1 Senate 2010

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...