Plan Administration (Retirement Board and Advisory Committee)
Contributions To The Retirement Plan
Health Insurance
Brown Bag Information Meetings

Plan Administration - The Plan is governed by a five member board appointed for six year terms by the Mayor of the City and County of Denver. There is also a four-person, nonvoting advisory committee of Plan members, three of whom are elected by the Plan membership and one who is appointed by the Career Service Board. The Executive Director, Steven Hutt, is employed by the Retirement Board to administer the Plan subject to the policies set by the Board and the Revised Municipal Code of the City and County of Denver.

Retirement Board: Cheryl Cohen-Vader, John J. Hanley, Tom Migaki, Eric Rothaus, Robert F. Strenski

Advisory Committee: Mike Aleksick, Heather Britton, Adeniyi Kelani, Ph.D., Erma D. Zamora

To contact a member of the Advisory Committee, please send an email, with "Advisory Committee" in the subject line, to: advisory_committee@derp.org

Contributions to the Retirement Plan - As of January 1, 2012, the City and County of Denver and DHHA contribute 10.25% of the employee’s total gross salary to the trust fund, and the employee contributes 6.25% of his or her total gross salary. The contribution made by the employee is on a pretax basis through payroll deduction. For example, if the employee’s gross salary per pay period is $1,500, the deduction per pay period would be $93.75 ($1,500 x .0625 = $93.75). The employer’s contribution per pay period would be $153.74. Together, the employer and employee contributions, plus income from investments, fund the retirement benefits for employees and their beneficiaries.

If an active employee terminates employment prior to being vested (ineligible for a retirement benefit), his or her accumulated employee contributions, plus 3% interest, will be refunded in a lump sum. As an alternative, the terminated employee may roll over this accumulated contribution and 3% interest to a qualified retirement plan account. Upon the acceptance of a refund, the terminated employee forfeits all years of service and any future retirement benefit eligibility. However, the terminated employee who returns to employment will receive credit for the years of service forfeited by repaying the original refund, plus interest.

If an active employee terminates employment and is vested (eligible for a retirement benefit) the contribution shall not be refunded. Instead, the contribution will be used to fund his or her future retirement benefit.

Together, the employer and employee contributions, plus income from investments, fund the retirement benefits for employees and their beneficiaries.

Health Insurance - The Plan developed a health insurance premium reduction benefit to help members with the cost of health insurance. This benefit pays a portion of members' monthly health insurance premiums, provided the member is enrolled in group insurance offered through the Plan. The monthly amount the Plan contributes toward health insurance is established by the Board based on credited service with the City/DHHA (excluding purchased governmental service credits). The Plan also offers a Health Insurance Premium Reimbursement for its out-of-state members who are under age 65. Contact the Plan for more information.

Brown Bag Information Meetings: Denver Employees Retirement Plan holds regularly scheduled Brown Bag Retirement Information Meetings, at the Webb Building and at DIA, for active members who wish to receive information about the Retirement Plan.

2012 Brown Bag Meeting Schedule:

Location: The Webb Building
201 West Colfax
Noon to 1:00 p.m.
Room 4.F.6.

February 2, 2012
March 8, 2012
April 5, 2012
May 3, 2012
June 7, 2012
July 12, 2012
August 2, 2012
September 6, 2012
October 4, 2012
November 8, 2012
December 6, 2012

2012 DIA Brown Bag Meeting Schedule:

Location: Denver International Airport
8500 Pena Blvd.
3:30 - 4:30 p.m.
City Conference Room

February 15, 2012
June 12, 2012
November 13, 2012

2012 Wastewater Division Brown Bag Meeting Schedule:

Location: Wastewater Management Division
2000 West 3rd Avenue
Assembly Area, 1st Floor
Denver, CO 80223

May 16, 2012: Time TBD
September 12, 2012: Time TBD

2012 Denver Human Services Brown Bag Meeting Schedule:

Location: Castro Building - Denver Human Services
1200 Federal Blvd.
Denver, CO 80204
Room 3109, 3110-3112

March 14, 2012: 10:00 a.m. to 11:00 a.m.
July 18, 2012: Time TBD
December 12, 2012: Time TBD

Other information meetings may be held for any City department. Talk to your department head about scheduling a time for Plan representatives to meet at your offices. Members may also schedule an individual appointment with a Membership Service Representative at the Plan offices.

©2012 Denver Employees Retirement Plan
777 Pearl Street, Denver, CO 80203-3717