On April 17th (my twins' 6th birthday, btw), a bill will be introduced regarding a "combination" (a.k.a. merger) of the DPS Retirement System with PERA! This legislation would permit the two systems to begin talking and attempt to reach an agreement by September 15th, with the systems combining by the beginning of 2009.
Third time's a charm?
As you may know, this has been attempted twice before, and failed. This time, the proposal is very different, and shows great promise. DPS, PERA, DPSRS, and DCTA/CEA have been working hard to get this bill finalized and introduced. Our lobbyists, Dan Daly and Tony Salazar, have spent hours working on the conditions necessary for a merger, and working with all of the parties to iron out the details of the legislation. We want to ensure that no DPSRS or PERA member is negatively harmed; creating a neutral transaction. DCTA & CEA are supporting this bill.
A special thanks to our DPSRS Trustees from DCTA and our ESP Coalition~ especially Amy Grant, DAEOP Co-President and Chair of the DPSRS Board of Trustees, and John MacPherson, DCTA-R President, current Trustee, and past Executive Director of DPSRS.
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