Colorado House Bill 1026
Session 2026A
Expanding Plan Options for PERA
Introduced
Introduced in House on Jan 14, 2026
Sponsors
3 Sponsors
E. Hamrick
B. Marshall
C. Kolker
First Action
Jan 14, 2026
Latest Action
Feb 27, 2026
Origin Chamber
House
Type
Bill
Bill Number
1026
State
Colorado
Session
2026A
B. Marshall
grade
Sponsor
C. Kolker
grade
Sponsor
E. Hamrick
grade
Sponsor
Motion Text
Refer House Bill 26-1026 to the Committee of the Whole.
House Roll Call Votes
Summary
Under current law, a member of the public employees' retirement association (PERA) earns service credit for each year worked during which the member makes contributions to PERA. A member may purchase additional years of service credit for any previous period of public or private employment during which the member was not making contributions to PERA, subject to certain conditions. Sections 1 and 3 of the bill allow a member of PERA to also purchase service credit for previous periods of unemployment during which the member was 21 years old or older, subject to certain conditions. Sections 2, 3, 4, and 7 make conforming amendments.Sections 5 and 6 require PERA's voluntary investment program to include options for an employee to make tax-deferred voluntary contributions and Roth voluntary contributions to the program and make other conforming changes.Sections 8 and 9 require PERA employers to affiliate with PERA's deferred compensation plan and offer the plan to employees. The sections require the deferred compensation plan to include options for an employee to make pre-tax voluntary contributions and Roth voluntary contributions to the plan and make other conforming changes.(Note: This summary applies to this bill as introduced.)
Committee Report for Appropriations on 02/27/2026
Committee Report for Finance on 02/09/2026
Sort by most recent
02/27/2026
House
House Committee on Appropriations Refer Unamended to House Committee of the Whole
02/09/2026
House
House Committee on Finance Refer Unamended to Appropriations
01/14/2026
House
Introduced In House - Assigned to Finance
Sources
CO Legislature
Record Created
Jan 15, 2026 12:49:22 AM
Record Updated
Feb 27, 2026 9:06:30 PM