Lawmaker to seek treasurer’s post
DENVER — There now is a race for state treasurer.
State Rep. Justin Everett, R-Littleton, will announce this morning his plans to seek the Republican nomination for the seat, which is being vacated by Colorado Treasurer Walker Stapleton, who is term-limited and cannot run again.
Rep. Steve Lebsock, D-Thornton, has already announced plans to seek the Democratic Party’s nomination for the job.
Everett said one of his priorities would be to reform the Colorado Public Employees Retirement Association, agreeing with Stapleton that the $42 billion pension system is in trouble.
“You can’t fund this off the backs of current employers ... the taxpayers,” Everett told The Daily Sentinel on Monday. “It doesn’t matter whether you live on the Western Slope or Eastern Plains or the Denver metro corridor, if it’s a $30 billion unfunded liability and the state budget is close to $28 billion, I don’t think people are going to vote to double their taxes to backfill PERA.”
To fix it would require “tough decisions” by everyone, including state and local workers who are in the plan, Everett said, adding that they need to put more of their own money into the plan.
On his website, http://www.stevelebsockforcolorado.com, Lebsock said he will “honor our commitment” to PERA.
Lebsock said the office’s popular unclaimed property division is in need of reform and improvement.
Lebsock is a Colorado native and former Marine. He has a bachelor’s degree in sociology from Metropolitan State College in Denver and served on the Thornton City Council.