Thus the Post supports punishing current employees for the excessive benefits being paid to retirees. That is what this issue comes down to. Current employees should be given the option to withdraw every penny they have paid in, plus the contributions of their employer, plus interest based on what a 401K would have returned during that time period. Then they can invest on their own. Politicians have used PERA as a slush fund to purchase votes. They handed out unsustainable pensions to employees who paid a fraction in contributions to what they are collecting now. In addition mismanagement of the funds resulted in lousy returns on investment - and the state looted the funds, failing to pay in what they should have. If this were a private business executives would be going to prison - starting with the CEO Hickenlooper. 

You can be sure this snafu is going to make it harder to hire for teaching jobs in Colorado. I know people who are already looking for private sector jobs.