Colorado § 24-51-1302 Premiums for group life insurance

Colorado Statutes

§ 24-51-1302 — Premiums for group life insurance

Colorado § 24-51-1302

Title 24Government

Art.Public Employees' Retirement Association

This text of Colorado § 24-51-1302 (Premiums for group life insurance) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 24-51-1302 (2026).

Text

(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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(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 pay no premium subsidy for life insurance.

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.