Colorado Statutes
§ 24-51-1302 — Premiums for group life insurance
(1)Premiums for life
insurance must be received by the association in order for an individual to be
covered.
(2)Continuation of life insurance coverage after retirement is available to
any retiree from any division who, prior to retirement, authorizes life insurance
premiums to be deducted from monthly benefit payments.
(2.5) Life insurance coverage after termination of membership may continue
for any inactive member who continues to pay life insurance premiums and does not
receive a refund pursuant to the provisions of section 24-51-405 or part 17 of this
article.
(3)Life insurance provided pursuant to the provisions of this part 13 may be
assigned by members, inactive members, or retirees, including those of the Denver
public schools division.
(4)The association shall pa
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Legislative History
Source: L. 87: Entire article R&RE, p. 1077, � 1, effective July 1. L. 95: (1), (2),
and (3) amended and (2.5) added, p. 266, � 12, effective July 1. L. 2009: (2), (2.5), and
(3) amended, (SB 09-282), ch. 288, p. 1352, � 53, effective January 1, 2010.
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§ 24-1-101
Legislative declaration§ 24-1-102
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Head of department defined§ 24-1-106
Agencies not enumerated - continuation§ 24-1-109
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Principal departments§ 24-1-111
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Department of law - creation§ 24-1-115
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