This is not a self-correcting problem. PERA needs to be put on a long-term program toward solvency.

We're heading for a very sensitive time in these negotiations and I believe it is imperative that this is resolved quickly.

It's worse than I thought going in. The state of Colorado has a moral, if not legal, obligation to bail this thing out, and this problem is not going to fix itself. (PERA) is absolutely in denial over the future burden they're building in for future taxpayers.

The taxpayers are not adequately represented in this thing.

It meets all the needs. And doesn't get crazy financially.

Overall, the FBI needs a systemic and integrated approach to planning and implementing improved human resource programs, ... Among the most important issues identified in the report is a fragmentation of responsibility and accountability, with at least three senior officials sharing some human resources functions. Since no single official is responsible for the full range of human resources-related programs, coordinating change is much more difficult. As a result, even the best-intentioned planning, training, budgeting, and personnel efforts have sometimes been at cross-purposes.