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Randy Baumgardner on Social Security

 


Voted NO on increases to public employee retirement benefits

Vote to pass a bill that makes changes to the Public Employee Retirement Association (PERA):
  • Increases the amortization equalization disbursement (AED) (employer contribution to PERA) for 2013 through 2017 as follows:
  • For employers in the school division, the payment shall be increased 0.4% of total payroll for 2013 through 2015 and 0.3%
  • Increases the supplemental amortization equalization disbursement (SAED)--employer contribution to PERA using funds that would otherwise be used to fund compensation adjustments--for 2014 through 2018 by 0.5%
  • Limits the cost of living increase for retirement benefits to the lesser of 2% or the average of the annual increases in the consumer price index for each month, as calculated by the U.S. Department of Labor.
    Source: VoteSmart summary: 2014 Colorado Senate legislative session , Feb 16, 2010

    Other candidates on Social Security: Randy Baumgardner on other issues:
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    John Hickenlooper
    CO Senatorial:
    Amy Stephens
    Ken Buck
    Mark Udall
    Michael Bennet
    Owen Hill

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    Page last updated: Dec 26, 2013