Plan for Your Financial Future

Required Retirement Plan: PERA

The Public Employees’ Retirement Association (PERA) provides retirement benefits for those working in Colorado’s public sector, including employees in the Weld RE-4 School District. Weld RE-4 employees are automatically enrolled in PERA's Defined Benefit Plan, which is a pension plan that provides a lifetime monthly retirement benefit. Employees contribute 11% of their earnings (defined by PERA). The district also contributes 21.4% to the Colorado PERA School Division fund. PERA is in lieu of Social Security.

The income amount you receive in retirement will depend on three factors: highest average salary, the amount of accrued service credit, and your age at retirement.

Other optional PERA retirement offerings include 401k and 457 plans.

Connect with PERA:

Optional Retirement Plan: 403b Providers

As a school district employee, you can further your retirement savings beyond PERA through a 403(b) plan, also known as a tax-sheltered annuity or TSA plan. While the Weld RE-4 School District does not contribute to an employee’s 403(b) plan, we have established a list of qualified vendors that are authorized to receive contributions. View the Approved 403(b) Plan Vendor List.

Optional Flexible Spending Account (FSA): American Fidelity

Flexible Spending Accounts (FSA) allow an employee to set aside pre-tax funds for eligible medical expenses and/or daycare expenses, which reduces taxable income.

Connect with American Fidelity: