Colorado Treasurer Suing Pension Board

By: Associated Press Email
By: Associated Press Email

Denver (AP) -- State Treasurer Walker Stapleton says he will file a lawsuit against the State Pension Fund Board after he was denied financial information. Stapleton sits on the board that manages Colorado's $39 billion pension fund for state workers. Stapleton tells the Denver Post he wants to know how much money the state pays the top 20% of beneficiaries, and how they earned those profits.
PERA officials said they have not seen the complaint and could not comment.

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  • by JJ Location: GJ on Sep 19, 2011 at 06:40 AM
    Sounds like the board might have something to hide. That sure would be a surprise wouldn't it!
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