US - The Denver Public Schools (DPS) board has terminated the proposed merger of DPS Retirement System (DPSRS) into the Colorado Public Employees Retirement Association (PERA).
According to the DPS board, both parties had failed to reach agreement on a number of issues, including the actuarial methodology that would be used to determine the costs of the merger. The boa...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here