Maruti D. Moré, Chief Investment Officer at the Colorado Department of the Treasury, has been elected to a four-year term on the Board of Trustees for the Public Employees’ Retirement Association (PERA). His service will continue through June 30, 2029.
“I ran for this position because I believe my nearly 50 years of experience in investment management can help PERA better align its assets with its long-term liabilities,” said Moré. “My focus will be on supporting strategic asset allocation decisions that reduce funding risks, strengthen financial stability to maintain solvency, and ultimately benefit PERA’s members.”
PERA manages retirement and other benefits for employees from more than 500 public entities in Colorado. These include state government agencies, public schools, universities, and local municipalities. For many public workers in Colorado, PERA acts as a substitute for Social Security and is responsible for their retirement security. The Board of Trustees oversees both the administration and investments of PERA to ensure it remains sustainable over time.
“Maruti’s deep knowledge and steady leadership will be an asset to the PERA Board,” said Colorado State Treasurer Dave Young, who serves as a statutory member of the Board. “His election strengthens the Treasury’s ongoing partnership with PERA as we work to ensure financial security for Coloradans.”
Moré holds advanced degrees in economics, finance, and law and is a Chartered Financial Analyst. In his role as CIO at the Treasury, he manages fixed-income portfolios that support various state financial obligations. He also serves as a delegated substitute for the State Treasurer on the University of Colorado Investment Advisory Committee. His election is seen as furthering collaboration between PERA and the State Treasury in securing Colorado’s financial future.
More information about the Colorado Department of the Treasury’s boards and committees can be found at www.treasury.colorado.gov/about-the-treasury/boards-and-committees.
The Colorado Department of the Treasury manages taxpayer funds from receipt to disbursement and aims to safeguard these resources responsibly. Additional details are available at colorado.gov/treasury.
