Stapleton Casts Lone Vote on PERA

Government pensions may be the most serious financial problem states and state taxpayers face. Colorado’s new treasurer pledged to take on Colorado’s main government pension fund – the troubled PERA. Walker Stapleton was the lone vote on the 15-member PERA board for changes to reduce future liabilities and put the fund on a more solid footing. Will it require more lonely votes before PERA is sound?