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CitiStreet To Run Colorado 401(k) Plan

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NU Online News Service, Dec. 30, 2003, 11:28 a.m. EST – The Public Employees’ Retirement Association of Colorado has hired CitiStreet, Quincy, Mass., to administer the Colorado PERA 401(k) plan. [@@]

The Colorado PERA plan serves 71,000 state and local government employees and has about $830 million in assets.

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CitiStreet, a joint venture formed by State Street Corp., Boston, and Citigroup Inc., New York, will handle participant education and communications as well as recordkeeping services.