CO HB1394

Modified employer and member contribution rates for the Public Employees' Retirement Association (PERA) Judicial Division for fiscal years 2020-21 and 2021-22, with employer rate set at 8.91% and member rates at 14.5% (2020-21) and 15% (2021-22)

Exempted judges employed by Denver County Court from the modified rates, requiring them to use standard contribution rates from sections (1.7)(a)(III) and (1.7)(a)(IV) for both fiscal years

Decreased general fund appropriations to the judicial department by $265,030 for appellate court programs and $2,431,835 for trial court programs in the 2020-21 fiscal year to implement the act

Bill declared necessary for immediate preservation of public peace, health, or safety under safety clause provision