PERA Board: Ego trumps reality

December 2nd, 2011 by Amy Categories: Colorado, PERA Colorado, politics No Responses

Colorado State Treasurer Walker Stapleton, a rare voice of reason on Colorado’s Public Employees’ Retirement Association (PERA) Board of Trustees, told News Talk 1310 KFKA talk show host Amy Oliver in a recent interview that when the Board voted to maintain an unrealistic 8 percent rate of return one Board member provided the following reason, ”We [...]