Pension Crisis

CO Pension Reform Hobbled by Data Secrecy

Even the state treasurer can't get access

|

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.