03/17/2011 11:54 am ET Updated May 25, 2011

PERA Bill Draws Heated Reaction From Unions

Teachers could be required to pay a greater share of their retirement costs under a bill that cleared a House committee Wednesday and that one union said was an effort to "Wisconsinize" Colorado's budget.

The battle came during a hearing before the House Finance Committee on Senate Bill 76, a crucial budget-balancing measure that would continue for another year an increased rate of pension contributions for state workers.

The state for the current 2010-11 fiscal year increased the amount that state workers were required to contribute to their pensions from 8 percent of their paychecks to 10.5 percent and decreased the state's contribution by the corresponding amount, to 7.65 percent.

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