All Roll Calls
Yes: 237 • No: 64
ColoradoHB25-11052025 Regular SessionHouseWALLET
Public Employees' Retirement Association True-up of Denver Public Schools Division Employer Contribution
Sponsored By: Jeff Bridges (Democratic), Jennifer Bacon (Democratic), Julie Gonzales (Democratic), Sean Camacho (Democratic)
Signed by Governor
Local Government
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Denver school pensions gain distribution share
Beginning July 1, 2030, Denver Public Schools' retirement trust funds receive a share of PERA's direct distribution. PERA is Colorado's Public Employees' Retirement Association. Distribution shares are based on each division's reported annual payroll; the Local Government division remains excluded. Before that date, allocation follows employer contributions relative to division payroll, with both Denver and Local Government excluded. The law does not specify the distribution's total amount or increase individual retirement checks.
Denver schools pay less toward pensions
Beginning July 1, 2025, Denver Public Schools' employer retirement contribution drops from 10.4% to 7.4% of salary. Employees still contribute 10.0%, so this cut does not reduce their paycheck deductions. Other employer/member rates stay unchanged: State and School, 10.4%/10.0%; State Troopers, 13.1%/12.0%; Local Government, 10.0%/8.0%; Judicial, 13.91%/10.0%. Rates apply to payroll-period salary, subject to existing contribution-adjustment rules. The law preserves reviews that began January 1, 2015, and repeat every five years. These compare Denver's unfunded pension debt relative to payroll with the School division; the retirement board can recommend employer-rate changes.
Less employer funding for Denver retiree healthcare
Beginning July 1, 2025, Denver schools' employer contribution share for retiree healthcare drops from 1.02% to 0.2% of member salaries. The law establishes a Denver Public Schools division health care trust fund. Other funding includes part of member payments for service credits from work outside the retirement system. It also includes premiums paid directly or deducted from benefits, monthly employer payments for participants, interest, and a proportional investment-income share. This funding change does not itself change anyone's premiums, benefit amount, or eligibility.
Public employers face pension rate adjustments
The law maintains rules for adjusting public employers' retirement contribution rates based on contributions compared with actuarially required funding. The weighted comparison covers the State, School, Local Government, Judicial, and Denver Public Schools divisions. It counts employer and member contributions plus direct distributions, excluding money for healthcare and annual benefit-increase reserves. Below 98% of required funding, employer rates can rise by up to 0.5 percentage points, subject to a statutory reference-rate ceiling plus 2 percentage points. At 120% or more, rates can fall by up to 0.5 percentage points, but not below each division's baseline. Denver's separate baseline is 7.4% beginning July 1, 2025; these employer-rate rules do not directly change employee rates.
Sponsors & Cosponsors
Sponsors
Jeff Bridges
Democratic • Senate
Jennifer Bacon
Democratic • House
Julie Gonzales
Democratic • Senate
Sean Camacho
Democratic • House
Cosponsors
Cecelia Espenoza
Democratic • House
Emily Sirota
Democratic • House
Javier Mabrey
Democratic • House
Monica Duran
Democratic • House
Meg Froelich
Democratic • House
Dafna Michaelson Jenet
Democratic • Senate
Sen. F. Winter
Affiliation unavailable
Iman Jodeh
Democratic • Senate
James Coleman
Democratic • Senate
Lisa Cutter
Democratic • Senate
Matt Ball
Democratic • Senate
Nick Hinrichsen
Democratic • Senate
Tony Exum
Democratic • Senate
Roll Call Votes
Senate vote • 4/28/2025
Third reading: Bill
Yes: 31 • No: 3
Senate vote • 4/25/2025
Committee of the whole: Adopt report
Yes: 35 • No: 0
Senate vote • 4/25/2025
Refer House Bill 25-1105 to the Committee of the Whole.
Yes: 6 • No: 1
Senate vote • 4/22/2025
Refer House Bill 25-1105 to the Committee on Appropriations.
Yes: 8 • No: 1
House vote • 4/14/2025
Third reading: Perm
Yes: 50 • No: 14
House vote • 4/14/2025
Third reading: Bill
Yes: 44 • No: 20
House vote • 4/14/2025
Third reading: Amd (l.009)
Yes: 46 • No: 18
House vote • 4/4/2025
Refer House Bill 25-1105 to the Committee of the Whole.
Yes: 6 • No: 5
House vote • 3/17/2025
Refer House Bill 25-1105, as amended, to the Committee on Appropriations.
Yes: 11 • No: 2
Actions Timeline
Governor Signed
5/23/2025HouseSigned by the Speaker of the House
5/12/2025HouseSigned by the President of the Senate
5/12/2025SenateSent to the Governor
5/12/2025HouseSenate Third Reading Passed - No Amendments
4/28/2025SenateSenate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
4/25/2025SenateSenate Second Reading Special Order - Passed - No Amendments
4/25/2025SenateSenate Committee on Finance Refer Unamended to Appropriations
4/22/2025SenateIntroduced In Senate - Assigned to Finance
4/15/2025SenateHouse Third Reading Passed with Amendments - Floor
4/14/2025HouseHouse Third Reading Laid Over Daily - No Amendments
4/8/2025HouseHouse Second Reading Special Order - Passed with Amendments - Committee, Floor
4/7/2025HouseHouse Committee on Appropriations Refer Unamended to House Committee of the Whole
4/4/2025HouseHouse Committee on Finance Refer Amended to Appropriations
3/17/2025HouseIntroduced In House - Assigned to Finance
1/27/2025House
Bill Text
Engrossed
Final Act
Introduced
Reengrossed
Rerevised
Revised
Signed Act