About PERA

PERA Financial Information for Funds Administered by PERA

For the Year Ended December 31, 2010
(Includes all funds - Division Trust Funds, Colorado PERA 401(k), DC, and 457 Plans, Health Care Trust Fund, Denver Public Schools Health Care Trust Fund, and Life Insurance Reserve)
(In Thousands of Dollars)

Net Assets Available for Benefits December 31, 2009	$35,036,940
Additions
Employer Contributions	$997,406
Member Contributions	$820,476
Plan Transfer	$2,764,111
Purchased Service	$31,428
Retiree health care and life premiums	$114,905
Federal health care subsidies	$27,003
Investment Income	$5,054,367
Other	$20,833
Total Additions	$9,830,529
Deductions
Benefits Payments	$3,364,830
Refunds	$299,742
Disability Premiums and Life Insurance Claims	$5,841
Administrative Expenses	$49,635
Other	$11,636
Total Deductions	$3,731,684
Net Assets Available for Benefits December 31, 2010	$41,135,785

PERA Trust Fund Results (compared to respective benchmarks)
(Includes Division Trust Funds, Health Care Trust Fund, Denver Public Schools Health Care Trust Fund, and Life Insurance Reserve; does not include defined contribution plans)

		2010	3-Year Annualized	5-Year Annualized	10-Year Annualized
Colorado PERA Total Portfolio		14.0%	(0.3%)	4.7%	4.6%
	Total Fund Policy Benchmark¹	14.4%	0.0%	4.5%	—
	Median Plan (BNY Mellon Performance and Risk Analytics' Median Public Fund Universe)	13.0%	0.3%	4.5%	4.9%
Global Stocks		15.4%	(2.7%)	3.5%	3.6%
	Global Equity Custom Benchmark¹	15.9%	(2.5%)	3.5%	—
Fixed Income		7.8%	6.9%	6.4%	6.3%
	Fixed Income Custom Benchmark¹	7.1%	6.0%	5.9%	6.0%
Alternative Investments		20.9%	1.1%	8.9%	7.0%
	Alternative Custom Benchmark²	20.5%	1.2%	6.0%	5.3%
Real Estate		16.7%	(11.9%)	0.0%	7.6%
	Real Estate Custom Benchmark³	16.3%	(9.5%)	(0.1%)	6.0%
Opportunity Fund		10.6%	5.0%	—	—
	Public Markets Benchmark⁴	13.7%	0.5%	—	—

Note: Performance calculations were prepared using net-of-fee time-weighted rates of return.

1	The Colorado PERA Board adopted benchmarks beginning April 1, 2004, for each of the various asset classes. The adopted benchmarks have changed over time and, accordingly, the benchmark returns presented represent a blend, as follows: The Total Fund Benchmark is a combination of 58 percent of the Global Equity Custom Benchmark; 25 percent of the Fixed Income Custom Index; 7 percent of the Real Estate Custom Benchmark; 7 percent of the Alternative Custom Benchmark, and 3 percent of the Public Markets Benchmark. For 2008, the Total Fund Benchmark was a combination of 43 percent of the Dow Jones Wilshire 5000 Stock Index; 15 percent of the Morgan Stanley Capital International All Country World Ex-U.S. Index; 25 percent of the Barclays Capital Universal Bond Index; 7 percent of the Real Estate Custom Benchmark; 7 percent of the Alternative Custom Benchmark, and 3 percent of the Public Markets Benchmark. Prior to January 1, 2008, the weight for the DJ Wilshire 5000 was 45 percent and the NCREIF Timber Index (which was replaced by the Public Markets Benchmark in 2008) was 1 percent. Prior to January 1, 2006, the weight for the MSCI ACWI excluding U.S. Index was 14 percent and the Alternative Custom Benchmark was 8 percent. Global Stocks—74.1 percent DJ U.S. Total Stock Market Index (replaced the DJ Wilshire 5000 in 2009) and 25.9 percent MSCI ACWI excluding U.S. Index. Prior to January 1, 2008, 75 percent DJ Wilshire 5000 and 25 percent MSCI ACWI excluding U.S. Index. Prior to January I, 2006, 76.3 percent DJ Wilshire 5000 and 23.7 percent MSCI ACWI excluding U.S. Index. Fixed Income—98 percent of the Barclays Capital Universal Bond Index and 2 percent of the Barclays Capital Long Government/Credit Index. Prior to July 1, 2010, Barclays Capital Universal Bond Index. Prior to April 1, 2004, the Barclays Capital Aggregate Bond Index.
2	DJ U.S. Total Stock Market Index (replaced the DJ Wilshire 5000 in 2009) plus 300 basis points annually.
3	Beginning January 1, 2006: NFI (NCREIF Open-End Core Fund Index) plus 100 basis points annually; prior to January 1, 2006: 15 percent NAREIT, 45 percent NCREIF Property, 20 percent CITI Mortgage, and 20 percent Global Property Research.
4	Beginning January 1, 2008: 51.8 percent DJ U.S. Total Stock Market Index (replaced the DJ Wilshire 5000 in 2009), 18.1 percent MSCI ACWI excluding U.S. Index, and 30.1 percent Fixed Income Custom Benchmark.

This site includes information about PERA programs and benefits. It is not intended to cover every conceivable situation that could arise regarding the programs or benefits. Rights, benefits, and obligations regarding PERA are governed by Title 24, Article 51 of Colorado Revised Statutes, and the Rules of the Colorado Public Employees' Retirement Association, which take precedence over any information on this site. Information specific to members/benefit recipients is available on the secured pages of this site to persons who have requested and received a PERA Personal Identification Number (PIN)/User ID and password from PERA. See Colorado PERA's Security Disclosure for more information.

PERA Financial Information for Funds Administered by PERA

For the Year Ended December 31, 2010 (Includes all funds - Division Trust Funds, Colorado PERA 401(k), DC, and 457 Plans, Health Care Trust Fund, Denver Public Schools Health Care Trust Fund, and Life Insurance Reserve) (In Thousands of Dollars)

PERA Trust Fund Results (compared to respective benchmarks) (Includes Division Trust Funds, Health Care Trust Fund, Denver Public Schools Health Care Trust Fund, and Life Insurance Reserve; does not include defined contribution plans)

For the Year Ended December 31, 2010
(Includes all funds - Division Trust Funds, Colorado PERA 401(k), DC, and 457 Plans, Health Care Trust Fund, Denver Public Schools Health Care Trust Fund, and Life Insurance Reserve)
(In Thousands of Dollars)

PERA Trust Fund Results (compared to respective benchmarks)
(Includes Division Trust Funds, Health Care Trust Fund, Denver Public Schools Health Care Trust Fund, and Life Insurance Reserve; does not include defined contribution plans)