Colorado lawmakers look to limit PERA bonuses following Sun investigation
Colorado lawmakers are considering new restrictions on bonuses for PERA investment staff after a Colorado Sun investigation revealed that the agency has awarded millions in performance bonuses to its investment team over recent years. This move aims to address concerns about the transparency and fairness of these bonuses, especially as public funds are involved. The investigation uncovered significant discrepancies in how bonuses were awarded, prompting calls for more accountability and scrutiny from lawmakers. The proposed changes could set a precedent for how public investment funds are managed and rewarded.
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