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Working at CSU

PERA employee contribution levels

July 10, 2012

Employees,

As you are aware, the State of Colorado’s FY 11 budget mandated a temporary switch of the respective contribution rates of PERA-covered employees and of employers, resulting in an effective decrease of 2.5 percent (pre-tax) to employees’ take-home pay. As a result of the governor’s recent proposal to allow legislation requiring the temporary change in PERA contribution levels to expire, the financial responsibility for the 2.5 percent increased contribution for CSU employees currently enrolled in PERA will end and shift back to CSU beginning July 1. 

For employees paid monthly the change will be reflected on their July 31, 2012, paycheck and for employees paid bi-weekly the change will be reflected on their July 27, 2012, paycheck.

More information

The university recognizes that this temporary two year retirement contribution change impacted the lives of our faculty, staff and administrative professionals who are PERA participants and your dedication to CSU during this time period is greatly appreciated. Should you have any questions, you may contact Human Resources at (970) 491-6947.


Contact: Human Resources
Phone: (970) 491-6947