Understand the terms used to describe Colorado’s public retirement system.
Colorado Pension Project
The Colorado Pension Project is a group of Coloradans working to protect and strengthen retirement security for our public servants.
Annual Required Contribution (ARC) The ARC is the employer’s required contribution to a defined benefit plan.
Cost of Living Adjustment (COLA) An additional benefit amount paid to retirees based on the increase in living costs.
Smooth Accrual In this type of plan, employees accrue future pension benefits at a steady rate throughout their careers.