Colorado § 24-51-1713 Eligibility - retirements without actuarial reduction

Colorado Statutes

§ 24-51-1713 — Eligibility - retirements without actuarial reduction

Colorado·Title 24 Government·Art. Public Employees' Retirement Association

(1)This section shall only apply to DPS members who have five or more years of service credit as of January 1, 2011. For DPS members who have less than five years of service credit as of January 1, 2011, eligibility for retirement without an actuarial reduction shall be governed by section 24-51-602 (1)(a.7) and (1)(d).

(2)Whenever a contributing member or affiliate member pursuant to the DPS plan has completed a period of twenty-five years of active service, of which not less than fifteen years shall have been with the district, and has attained the age of fifty-five years while in the service of the district, said member shall be eligible for retirement for superannuation. Such retirement shall be made upon due application and subject to such rules as may be prescribed by the

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(1) This
section shall only apply to DPS members who have five or more years of service
credit as of January 1, 2011. For DPS members who have less than five years of
service credit as of January 1, 2011, eligibility for retirement without an actuarial
reduction shall be governed by section 24-51-602 (1)(a.7) and (1)(d).

(2) Whenever a contributing member or affiliate member pursuant to the
DPS plan has completed a period of twenty-five years of active service, of which not
less than fifteen years shall have been with the district, and has attained the age of
fifty-five years while in the service of the district, said member shall be eligible for
retirement for superannuation. Such retirement shall be made upon due application
and subject to such rules as may be prescribed by the association.

(3) Whenever a contributing member or affiliate member of the DPS plan has
completed a period of five years of active service and has attained the age of sixty-five while in the service of the district, said member shall be eligible for retirement
for superannuation. Such retirement shall be made upon due application and
subject to such rules as may be prescribed by the board of trustees.

(4) Whenever a contributing member or affiliate member pursuant to the
DPS plan has completed a period of thirty years of active service with the district
and has attained the age of fifty years while in the service of the district, said
member shall be eligible for retirement for superannuation. Such retirement shall
be made upon due application and subject to such rules as may be prescribed by
the association.

Colorado § 24-51-1713 (Eligibility - retirements without actuarial reduction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2009: Entire part added, (SB 09-282), ch. 288, p. 1366, � 56, effective January 1, 2010. L. 2010: Entire section amended, (SB 10-001), ch. 2, p. 25, � 27, effective January 1, 2011.