Colorado Statutes

§ 24-51-1003 — Annual increases in the base benefit

Colorado·Title 24 Government·Art. Public Employees' Retirement Association
The percentage recalculated pursuant to the provisions of section 24-51-1002 shall be multiplied by the base benefit or retirement allowance as defined in section 24-51-1702 (34), whichever is applicable, to determine the increased benefit. In no case shall the benefit paid be less than the base benefit or retirement allowance, whichever is applicable.

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Legislative History

Source: L. 87: Entire article R&RE, p. 1071, � 1, effective July 1. L. 93: Entire section amended, p. 479, � 8, effective March 1, 1994. L. 2006: Entire section amended, p. 1502, � 42, effective June 1. L. 2010: Entire section amended, (SB 10-001), ch. 2, p. 21, � 21, effective February 23.

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