SJR 16 Colorado Senate · 2026 Regular Session

Improve Retirement Readiness & Financial Well-Being

This bill encourages Colorado public employees to improve their retirement readiness by seeking financial education and recommends adding lifetime income options to certain retirement plans. It specifically targets the Public Employees' Retirement Association (PERA), which serves over 226,000 public employees across more than 400 government agencies. The resolution suggests that the General Assembly consider expanding lifetime income choices in the PERA defined contribution plan and voluntary savings plans to provide guaranteed retirement income similar to the existing defined benefit plan. The bill also recognizes the economic importance of retirement security for Colorado residents and directs copies to relevant state committees for review.

Bill status passed both 4 of 5 stages cleared

Introduction

Mar 2026

Committee Review

Senate Passage

Apr 2026

House Passage

Apr 2026

Governor

Introduced Mar 9, 2026 Last action Apr 15, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

Revised → Signed Act · 4 edits · Apr 16, 2026

MODERATE

The bill was renumbered from SJR 16 to SJR 26-016 and updated to reflect the 75th General Assembly and the 2026 session. The text was reorganized to consolidate the sponsors and committee assignments at the top, while the legislative clauses (Whereas and Be It Resolved) were reordered to present the context of PERA's role before the resolution's directives. No substantive policy changes, funding amounts, or eligibility criteria were altered.

TECHNICAL

The bill number was updated from 'SJR 16' to 'SJR 26-016' and the session year was set to 2026.

The list of Senate and House sponsors was consolidated and reformatted to appear at the beginning of the document.

The order of the 'Whereas' clauses was rearranged to group related financial and economic context before the resolution directives.

Minor typographical corrections were made, such as fixing 'Himichsen' to 'Hinrichsen' and 'COil;tinues' to 'continues'.

Floor votes · House Apr 13, 2026

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 15, 2026

Lower · Passed

Signed by the Speaker of the House

lower

Apr 15, 2026

Upper · Passed

Signed by the President of the Senate

upper

Apr 13, 2026

Lower · Passed

House Third Reading Passed - No Amendments

lower

Apr 13, 2026

Introduced

Introduced In House - Assigned to

lower

Mar 18, 2026

Upper · Passed

Senate Third Reading Passed - No Amendments

upper

Mar 9, 2026

Introduced

Introduced In Senate - Assigned to

upper

2 primary · 66 co-sponsors