republic-os/legislation/us/states/co/2018a/sb-18-200.md

---
type: "Bill"
title: "Modifications To PERA Public Employees' Retirement Association To Eliminate Unfunded Liability"
description: "The public employees' retirement association (PERA) provides retirement and other benefits to employees of the school districts, state, local governments, and other public entities across the state. The bill makes changes to the hybrid defined benefit plan administered by PERA with the goal of eliminating, with a high probability, the unfunded actuarial accrued liability of each of PERA's divisions and thereby reach a 100% funded ratio for each division within the next 30 years. The bill modifies benefits, increases contributions, ensures alignment of contributions, service credit, and benefits, and makes other modifications as follows:"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2018A"
identifier: "SB 18-200"
citation: "Colorado SB 18-200 (2018A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Dan Pabon", "Jack Tate", "KC Becker", "Kevin Priola"]
version_count: 13
action_count: 23
vote_count: 15
first_action: "2018-03-07T07:00:00+00:00"
last_action: "2018-06-04T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/685afcaa-5b49-4c49-9ecb-9b9d80a2bb72"
source_url: "http://leg.colorado.gov/bills/sb18-200"
source_hash: "7e49fc842fc35a04db7e2cdcdba79f199f2a07b95b5ef2f2ebd4069f264ca35b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado SB 18-200 (2018A) — Modifications To PERA Public Employees' Retirement Association To Eliminate Unfunded Liability

The public employees' retirement association (PERA) provides retirement and other benefits to employees of the school districts, state, local governments, and other public entities across the state. The bill makes changes to the hybrid defined benefit plan administered by PERA with the goal of eliminating, with a high probability, the unfunded actuarial accrued liability of each of PERA's divisions and thereby reach a 100% funded ratio for each division within the next 30 years. The bill modifies benefits, increases contributions, ensures alignment of contributions, service credit, and benefits, and makes other modifications as follows:

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018a/bills/cr/2018a_sb200_h_app_003.pdf)
2. **Conference Committee (05/15/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_sb18-200cc.pdf)
3. **Engrossed (03/26/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_eng.pdf)
4. **Final Act (05/23/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_enr.pdf)
5. **Introduced (03/07/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_01.pdf)
6. **PA1 (03/16/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200sfin_001_01.pdf)
7. **PA2 (03/20/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200sfinapp.pdf)
8. **PA3 (04/17/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200fin_01.pdf)
9. **PA4 (04/19/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200app.pdf)
10. **Reengrossed (03/27/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_ren.pdf)
11. **Rerevised (05/01/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_rer.pdf)
12. **Revised (04/30/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_rev.pdf)
13. **Signed Act (06/04/2018)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2018A/bills/2018a_200_signed.pdf)

## Votes

- NOT CONCUR APPT CC — **34–1** (pass) · lower
- BILL — **19–16** (pass) · lower
- REPASS — **24–11** (pass) · lower
- COW * — **17–18** (fail) · lower
- ADOPT — **42–22** (pass) · lower
- AMD — **29–36** (fail) · lower
- BILL — **38–23** (pass) · lower
- RECONSIDERATION — **12–23** (fail) · lower
- REPASS — **34–29** (pass) · lower
- COW * — **17–18** (fail) · lower
- COW * — **17–18** (fail) · lower
- AMD — **29–36** (fail) · lower
- AMD — **28–37** (fail) · lower
- ADOPT CCR — **25–10** (pass) · lower
- AMD — **28–37** (fail) · lower

## Sponsors

- Dan Pabon — primary (person)
- Jack Tate — primary (person)
- KC Becker — primary (person)
- Kevin Priola — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-06-04T06:00:00+00:00** Governor Signed `executive-signature`
- **2018-05-23T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2018-05-23T06:00:00+00:00** Signed by the Speaker of the House
- **2018-05-21T06:00:00+00:00** Signed by the President of the Senate
- **2018-05-09T06:00:00+00:00** Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
- **2018-05-09T06:00:00+00:00** House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
- **2018-05-02T06:00:00+00:00** Senate Considered House Amendments - Result was to Not Concur - Request Conference Committee
- **2018-05-01T06:00:00+00:00** House Third Reading Passed - No Amendments `reading-3, passage`
- **2018-04-30T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee, Floor
- **2018-04-25T06:00:00+00:00** House Second Reading Special Order - Laid Over to 04/30/2018 - No Amendments
- **2018-04-24T06:00:00+00:00** House Second Reading Special Order - Laid Over to 04/25/2018 - No Amendments
- **2018-04-23T06:00:00+00:00** House Second Reading Laid Over to 04/24/2018 - No Amendments
- **2018-04-19T06:00:00+00:00** House Committee on Appropriations Refer Amended to House Committee of the Whole `referral-committee, committee-passage`
- **2018-04-16T06:00:00+00:00** House Committee on Finance Refer Amended to Appropriations `referral-committee`
- **2018-04-03T06:00:00+00:00** Introduced In House - Assigned to Finance + Appropriations `introduction`
- **2018-03-27T06:00:00+00:00** Senate Third Reading Passed - No Amendments `reading-3, passage`
- **2018-03-26T06:00:00+00:00** Senate Second Reading Passed with Amendments - Committee, Floor `reading-2`
- **2018-03-23T06:00:00+00:00** Senate Second Reading Laid Over Daily with Amendments - Committee
- **2018-03-22T06:00:00+00:00** Senate Second Reading Laid Over Daily - No Amendments
- **2018-03-20T06:00:00+00:00** Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole `referral-committee, committee-passage`
- **2018-03-15T06:00:00+00:00** Senate Committee on Finance Refer Amended to Appropriations `referral-committee`
- **2018-03-13T06:00:00+00:00** Senate Committee on Finance Witness Testimony and/or Committee Discussion Only
- **2018-03-07T07:00:00+00:00** Introduced In Senate - Assigned to Finance `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/685afcaa-5b49-4c49-9ecb-9b9d80a2bb72`. Confidence: reported (aggregated from official Colorado legislature records).