Colorado Statutes

§ 24-19-101 — Legislative declaration

Colorado·Title 24 Government·Art. Payment of Postemployment Compensation
(1)The general assembly hereby finds and declares that:
(a)The payment of compensation to government-supported officials or employees after such officials or employees have ended their employment creates unnecessary costs, which ultimately are borne by the taxpayers of this state.
(b)In order to reduce government costs, it is necessary for the state to limit the payment of postemployment compensation to government-supported officials and employees.
(c)The continued payment of compensation to any official or employee after such official or employee has ended his or her service with a governmental unit or government-financed entity not only affects the finances of such governmental unit or government-financed entity, but also has a serious impact on the state as a whole becau

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Legislative History

Source: L. 93: Entire article added, p. 662, � 1, effective July 1.

Nearby Sections

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