Colorado § 24-51-1500.2 Legislative declaration

Colorado Statutes

§ 24-51-1500.2 — Legislative declaration

Colorado § 24-51-1500.2

Title 24Government

Art.Public Employees' Retirement Association

This text of Colorado § 24-51-1500.2 (Legislative declaration) 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. § 24-51-1500.2 (2026).

Text

The general assembly finds and
declares that the purpose of the defined contribution plan established in this part
15 is to provide eligible employees who participate in the defined contribution plan
with a path toward having a secure retirement through a focus on lifetime
retirement income to maintain an eligible employee's standard of living following a
full career of employment. The provisions of this part 15 are designed to avoid a
negative impact on the defined benefit trusts in this article 51. Employers are
responsible for ensuring that their employees understand the advantages and
disadvantages of the defined benefit and defined contribution plans.

Free access — add to your briefcase to read the full text and ask questions with AI

The general assembly finds and
declares that the purpose of the defined contribution plan established in this part
15 is to provide eligible employees who participate in the defined contribution plan
with a path toward having a secure retirement through a focus on lifetime
retirement income to maintain an eligible employee's standard of living following a
full career of employment. The provisions of this part 15 are designed to avoid a
negative impact on the defined benefit trusts in this article 51. Employers are
responsible for ensuring that their employees understand the advantages and
disadvantages of the defined benefit and defined contribution plans.