May 2, 2022 | 2022 Research, Featured Research, Recent Research, State Budget
PERA’s current unfunded liability is $31 billion. This is one indicator of PERA’s funding status as it measures the difference between projected benefit demands, and the assets (current fund balance + future expected returns) that have been collected to cover those benefits.
Apr 6, 2022 | 2022 Research, Featured Research, Research, State Budget
As the Colorado General Assembly nears completion of the state budget there is little doubt that the decisions they make will impact Colorado’s economy for years to come. Known by insiders as the “long bill,” the state budget has passed the State House and is currently being debated by the State Senate.
Feb 2, 2022 | 2022 Research, Featured Research, Recent Research, State Budget, Taxes & Fees
The recent changes in state government employment vary greatly across each department. Though the Governor’s FY23 budget request proposes a 0.85% increase in the overall level of the state government’s workforce, five agencies are proposed to grow above 6%.
May 6, 2021 | 2021 Research, Featured Research, Recent Research, Research, State Budget
Common Sense Institute, REASON Foundation and Secure Futures Colorado researches the impacts of using state funds to apply a one-time supplemental payment of $500 million to PERA.
Apr 14, 2021 | 2020 Research, 2021 Research, Jobs & Our Economy, Recent Research, State Budget
As a result of a sudden spike in unemployment insurance claims, Colorado’s Unemployment Insurance Trust Fund quickly depleted and fell into a debt financed by loans from the U.S. Treasury.
Apr 8, 2021 | 2021 Research, Jobs & Our Economy, Recent Research, Research, State Budget
Common Sense Institute analyzes both the federal and Colorado state governments relief bills in response to the economic impacts associated with COVID-19, and provide recommendations for ways to set up Colorado for long-term growth.