Colorado § 24-51-317 Termination of affiliation - member contributions

Colorado Statutes

§ 24-51-317 — Termination of affiliation - member contributions

Colorado § 24-51-317

Title 24Government

Art.Public Employees' Retirement Association

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Bluebook

Colo. Rev. Stat. § 24-51-317 (2026).

Text

Members who
are employees of an employer that has terminated its affiliation with the
association shall become inactive members as of the effective date of termination
of affiliation. Such members may elect to have their member contributions credited
to the alternative pension plan or system required by section 24-51-319. In the
absence of such an election, member contributions will remain with the association
unless the member otherwise elects to refund such contributions in accordance
with section 24-51-405.

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Members who
are employees of an employer that has terminated its affiliation with the
association shall become inactive members as of the effective date of termination
of affiliation. Such members may elect to have their member contributions credited
to the alternative pension plan or system required by section 24-51-319. In the
absence of such an election, member contributions will remain with the association
unless the member otherwise elects to refund such contributions in accordance
with section 24-51-405.

Legislative History

Source: L. 88: Entire section added, p. 967, � 1, effective April 28. L. 2018: Entire section amended, (SB 18-200), ch. 370, p. 2241, � 9, effective June 4.