Seth Klamann is a statehouse reporter at the Denver Post, covering policy, state government and the legislature. He previously worked for the Gazette, the Casper Star-Tribune and the Omaha World-Herald. He's a graduate of the University of Missouri and a proud Kansas City native.
Lamenting the uneasy budgetary situation facing the state, Colorado lawmakers rejected a proposed bill Friday that would have increased annual payments to
PERA officials told lawmakers that two of their internal recommendations included the state making a $2 billion lump-sum payment or, alternatively, increasing its annual $225 million payment to PERA based on inflation. “I will say this: Based on the budget information — the $900 million hole that we’re looking at — it is going to be very hard to pass this bill,” acknowledged Sen. Chris Kolker, a Centennial Democrat who had backed the inflation change.
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