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CO Pension Reform Hobbled by Data Secrecy

Public employee pension data is secret in Colorado and even its own state treasurer, Walker Stapleton, was denied access when he wanted to evaluate a pension fund’s long-term viability.

So Stapleton sued the Public Employment Retirement Association  when it refused to divulge information on the top 20 percent of the earners — all former state employees.  A judge sided with PERA in April.

Stapleton has continued to fight in an appellate court and has garnered support from some in the Legislature who want to see the law changed.

Source: Colorado Watchdog. Read full article. (link)

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  • Skyhawk||

    Is there any question left that government(s) in this country are no longer 'of the people, for the people, and by the people'?