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41 Matching News Items

1.  The Denver Post Link to more items from this source
Apr. 16, 2008
Excerpt: Denver Public Schools is preparing a deal next week to refinance its debt and fully fund its retirement pension. A fully funded pension could put Denver in position to merge with the state's larger retirement plan, thus removing an employment obstacle for many teachers. Depending on market conditions, DPS plans to sell $700 million in certificate-of-participation bonds and use 17 school buildings as collateral.
2.  The Denver Post Link to more items from this source
Mar. 18, 2008
Excerpt: The pension offered by Denver Public Schools is antiquated and not designed to attract top-quality teachers, a study released [yesterday] says.
3.  Denver Post Link to more items from this source
Feb. 19, 2004
Excerpt: Currently, the retirement payment is calculated based on the employee's highest pay rate for 36 consecutive months, the employee's number of years working for the city and a 'multiplier' of 2 percent. Administrators of the retirement plan on Wednesday recommended reducing the multiplier to 1.5 percent.
4.  The Denver Post Link to more items from this source
May 2, 2003
Excerpt: The changes would affect most areas of city pay and benefits, including how salaries are set, merit pay, overtime, the pension plan, health insurance and early-retirement options.
5.  The Denver Post Link to more items from this source
May 5, 2020
"About 40 retirees from the city of Denver have been ordered to pay back [eleven million dollars] in retirement benefits after they were erroneously receiving the funds because of a mistake by a retirement plan administrator ... The error occurred about 15 years ago and was discovered in late 2019 during a routine review, agency officials said, adding that letters were sent out to the retirees and their survivors."
6.  The Denver Post Link to more items from this source
June 27, 2007
Excerpt: [A perk called a 9/80 workweek is] standard at Lockheed Martin Space Systems, which has its headquarters at Waterton Canyon facilities in Jefferson County and employs about 3,800 in the Denver area. Employees get every other Friday off, working 80 hours over nine days in a two-week period.
7.  The Denver Post Link to more items from this source
Jan. 26, 2007
Excerpt: As soon as the first Qwest/US West retiree passes away this year, the Denver- based phone company will be hit with a lawsuit from the Association of US West Retirees, the group's executive director Nelson Phelps said Monday. The suit will fight changes in life-insurance benefits that went into effect this month, Phelps said.
8.  The Denver Post Link to more items from this source
Nov. 1, 2006
Excerpt: [Qwest] plans to cut health-care and life-insurance benefits for thousands of retirees. The Denver-based company also told retirees this month that there will be no future cost-of- living increases in their pensions, said Nelson Phelps, executive director of the Association of US West Retirees. The last increase was in 1996, he said.
9.  The Denver Post Link to more items from this source
Apr. 18, 2021
"The push-pull between costs and access to quality care is something lawmakers are also dealing with as they try to balance cheaper insurance and better coverage for Coloradans against negotiations with hospitals, insurers and others in the health industry over the details of the legislation, which in this year's iteration is a two-pronged approach."
10.  The Denver Post Link to more items from this source
Apr. 22, 2018
"A new report ... reveals that the cost of health insurance for employers in Colorado is increasing faster than the national average -- and that employers are often pushing that added cost onto their workers. Meanwhile, an annual study released last year found, for the first time in its history, that the percentage of Coloradans covered by an employer-based plan had dropped below 50 percent. Taken together, the two reports paint a worrisome picture for employer-based insurance, the workhorse of Colorado's health coverage system."
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