The Denver Employees Retirement Plan (DERP) released the 2020 Comprehensive Annual Financial Report for the fiscal year ended December 31, 2020. The purpose of the report is to provide a clear accounting of DERP’s operations and financial position.
The 2020 report shows the DERP pension benefit fund continues to be in a healthy financial position relative to our peer group of other public pension funds nationally.
The City and County of Denver’s Revised Municipal Code requires an annual audit of DERP’s trust fund by an independent licensed certified public accountant. This year’s audit was conducted by CliftonLarsonAllen LLP.
DERP has received the Certificate of Achievement for Excellence in Financial Reporting for 31 consecutive years. We believe the 2020 report will meet the Certificate of Achievement requirements and have submitted it to GFOA.
The 2020 report is available in the About/Financial Reports page.
Denver Employees Retirement Plan
The Denver Employees Retirement Plan (DERP) was established January 1, 1963 to provide a defined benefit plan for eligible City and County of Denver employees in the Career Service, certain employees of the Denver Health and Hospital Authority, and DERP staff. As a trusted steward of the city’s pension plan for over 50 years, DERP has helped thousands of eligible employees build, plan, and live a strong retirement future through prudent investment management, exceptional member service, and a commitment to deliver retirement benefits to our members.
For more information email Help@DERP.org.