Bill Sponsor
Colorado House Bill 1026
Session 2026A
Expanding Plan Options for PERA
Introduced
Introduced
Introduced in House on Jan 14, 2026
Sponsors
Unknown
E. Hamrick
Unknown
B. Marshall
Unknown
C. Kolker
First Action
Jan 14, 2026
Latest Action
Feb 27, 2026
Origin Chamber
House
Type
Bill
Bill Number
1026
State
Colorado
Session
2026A
Sponsorship by Party
Unknown
B. Marshall
Sponsor
Unknown
C. Kolker
Sponsor
Unknown
E. Hamrick
Sponsor
House Votes (2)
Motion Text
Refer House Bill 26-1026 to the Committee of the Whole.
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.)
Text (1)
Actions (3)
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
Record Created
Jan 15, 2026 12:49:22 AM
Record Updated
Feb 27, 2026 9:06:30 PM