New on the Resources page www.SavePERACOLA.com/resources are the two answers that PERA and the State of Colorado have filed with the Colorado Court of Appeals. These are in response to our appeal of Denver District Court’s dismissal of our lawsuit over the reduction in our annual 3.5% cost-of-living adjustments brought about by Senate Bill 10-001 in February of 2010. There is little new here that they have not claimed previously, except mention of the dismissal of two similar lawsuits that were filed in South Dakota and Minnesota. They do not cite numerous other lawsuits across the nation where retirees and active pension members have recently won.
Our attorneys are now preparing appellants’ answer to these two briefs, which are due to the court June 12. We are optimistic that the Court of Appeals will send the lawsuit back to the trial court for action with direction of the constitutionality of our claims.