As a trusted steward of the city’s pension plan for over 50 years, DERP has helped thousands of eligible City and County of Denver employees, certain employees of the Denver Health and Hospital Authority, and DERP staff build, plan, and live a strong retirement future through prudent investment management, exceptional member service, and a commitment to deliver the promised retirement benefits to our members.
The retirement board, the executive director, and DERP staff are committed to managing DERP’s assets and liabilities to maintain long-term financial soundness and to have the funds needed to pay every dollar of benefits promised to every current and future retiree.
DERP is governed by a 5-person retirement board, appointed by the mayor, for staggered 6-year terms. The retirement board acts as trustees for active members, retired members, and their beneficiaries and oversees the investment of assets, approves the operating budget, and sets policy. The retirement board appoints the executive director, who oversees DERP’s day-to-day operations and staff.
The advisory committee consists of voluntary and unpaid non-voting members who are elected by membership to serve staggered 3-year terms. One seat is filled by a vested, active Denver City and County (city) or Denver Health and Hospital Authority (DHHA) employee, one seat is filled by a retired member, and another seat is appointed by the Denver Career Service Board. The fourth seat can be filled by an active, vested city or DHHA employee or a retired member.
An election is held every spring to elect, or re-elect, a member. An advisory committee member represents city employees, DHHA covered employees, and DERP retired members and presents suggestions and questions to the DERP Retirement Board
The executive leadership team is a passionate group of hard-working people comprised of a legal professional, an investment strategist, a financial expert, a benefits and membership leader, and a skilled communicator. As part of a small and dynamic team, each one plays an integral role and brings a unique perspective to the table.