Colorado state lawmakers will examine the role of defined contribution plans in the total benefits package for state employees. The state Senate passed a bill authorizing a study of such plans, and the House is expected to pass a similar bill before lawmakers adjourn on May 7.
The study will begin after the legislative session ends and must be delivered to lawmakers by Dec. 1, said Kim Johnson, general counsel at the $31 billion Denver-based Colorado Public Employees Retirement Association. State lawmakers will discuss the results during the 2002 legislative session.