SB 151: Modify Public Employees Retirement Association Allowed Affiliation and Board of Trustees - Colorado

Final Act → Signed Act · 4 edits · May 30, 2026

MODERATE

This bill modifies the Public Employees' Retirement Association (PERA) to permanently add a voting trustee representing the Denver Public Schools division, replacing the previous non-voting ex officio member. It also expands service credit purchase rules for employees at Denver School of Science and Technology charter schools, allowing them to buy up to ten years of credit with a specific payment deadline.

Scope change

The bill changes the governance structure of the PERA board by converting a representative seat from non-voting to voting status and extends specific retirement benefit options to a new category of charter school employees.

REQUIREMENT

Changed the Denver Public Schools division representative on the PERA board from a non-voting ex officio member to a voting trustee elected by the division.

ELIGIBILITY

Added eligibility for employees of Denver School of Science and Technology charter schools to purchase service credit for years employed without limit.

TIMELINE

Established a July 1, 2026 deadline for completing service credit purchases for the new charter school employee category.

DEFINITION

Clarified that the Denver Public Schools division includes Denver School of Science and Technology charter schools.

Rerevised → Final Act · 4 edits · May 20, 2026

MODERATE

This bill modifies the Public Employees' Retirement Association (PERA) to formally include Denver School of Science and Technology charter schools in the Denver Public Schools division. It adds a new voting trustee to the PERA board representing these schools and clarifies that these employees can purchase full retirement service credit without the previous ten-year limit, provided the purchase is completed by July 1, 2026.

Scope change

The bill expands the scope of PERA's Denver Public Schools division to explicitly include Denver School of Science and Technology charter schools, which were previously excluded.

ELIGIBILITY

Added a new voting trustee position to the PERA board elected specifically by the Denver Public Schools division to represent Denver School of Science and Technology charter schools.

Modified rules to allow employees of Denver School of Science and Technology charter schools to purchase unlimited service credit for years worked, removing the previous ten-year cap.

TIMELINE

Set a specific deadline of July 1, 2026, for purchasing excess service credit for Denver School of Science and Technology employees, whereas other entities had a different effective date.

DEFINITION

Updated the legal definition of the Denver Public Schools division to explicitly list Denver School of Science and Technology charter schools as included members.

Revised → Rerevised · 3 edits · May 4, 2026

MINOR

The bill text was updated from a 'Revised' version to a 'Rerevised' version, incorporating all amendments adopted by the House. The most significant change is the addition of ten new co-sponsors to the House sponsorship list, expanding the coalition of legislators supporting the bill. Additionally, a new header was added indicating the bill was passed at the 3rd Reading on May 4, 2026, marking its final passage in the House.

TECHNICAL

Added ten new names (Clifford, Duran, English, Goldstein, Hamrick, Lieder, McCluskie, Nguyen, Phillips, Rutinel, Rydin, Smith, Stewart K., Titone) to the House sponsorship list, expanding the group of legislators supporting the bill.

Updated the document title from 'REVISED' to 'REREVISED' and clarified that it includes all amendments adopted in the Second House.

TIMELINE

Added a header stating the bill was passed at the 3rd Reading Unamended on May 4, 2026, in the House.

Reengrossed → Revised · 3 edits · May 1, 2026

MINOR

The bill text has been updated from a 'Reengrossed' version to a 'Revised' version, indicating that the Senate has completed its second reading and adopted amendments. The primary change is the addition of a new date stamp ('2nd Reading Unamended May 1, 2026') and the reordering of committee listings, while the core subject matter regarding the Public Employees' Retirement Association remains unchanged.

Scope change

The scope of the bill itself has not changed; only the legislative status and formatting metadata have been updated to reflect the bill's progression through the Senate.

TIMELINE

The bill's status label changed from 'Reengrossed' to 'Revised' to reflect that it includes amendments adopted on second reading in the Second House.

A new date stamp was added indicating the bill was unamended on the 2nd Reading on May 1, 2026.

TECHNICAL

The order of Senate and House committee listings was adjusted, and extra blank lines were inserted in the title section.

Engrossed → Reengrossed · 3 edits · Apr 20, 2026

MINOR

The bill's title was updated from 'Engrossed' to 'Reengrossed' to reflect that it now includes all amendments adopted during the House of Introduction. Additionally, the list of Senate co-sponsors was expanded to include Coleman, Cutter, Jodeh, and Kipp, while House sponsorship remains unchanged. A new notice was added indicating that a summary for the reengrossed version will be available after the third reading.

TECHNICAL

The bill status was updated from 'Engrossed' to 'Reengrossed' to indicate the inclusion of all amendments adopted in the House of Introduction.

Four new names (Coleman, Cutter, Jodeh, Kipp) were added to the list of Senate co-sponsors.

A notice was inserted stating that a summary for the reengrossed version will be available after the third reading in the House of Introduction.

Introduced → Engrossed · 7 edits · Apr 17, 2026

MODERATE

This bill was amended to formally include Denver School of Science and Technology charter schools in the Denver Public Schools division of the Public Employees' Retirement Association (PERA). The changes also update the bill's status from 'Introduced' to 'Engrossed' and add new House sponsors, reflecting its progression through the legislative process.

Scope change

The bill's scope expanded to explicitly include Denver School of Science and Technology charter schools in the PERA Denver public schools division, whereas the original text excluded them.

SCOPE

The bill's title and summary were updated from 'Introduced' to 'Engrossed' to reflect that all amendments have been adopted.

ELIGIBILITY

New House sponsors, Bacon and Lukens, were added to the bill.

The Senate Appropriations committee was added to the list of committees, replacing the Finance committee.

The bill text was amended to explicitly include Denver School of Science and Technology charter schools in the Denver public schools division of PERA, removing their previous exclusion.

REQUIREMENT

The method for electing the new voting member to the PERA board was clarified to specify that the election is administered by PERA.

The bill was amended to remove a nonvoting ex officio board member from the Denver public schools division to make room for the new voting member.

DEFINITION

The definition of the Denver public schools division was expanded to explicitly list Denver School of Science and Technology charter schools and future charter schools approved by the Denver Public Schools Board of Education.

Modify Public Employees Retirement Association Allowed Affiliation and Board of Trustees

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