Colorado § 24-51-319 Retirement plan - creation and use

Colorado Statutes

§ 24-51-319 — Retirement plan - creation and use

Colorado § 24-51-319

Title 24Government

Art.Public Employees' Retirement Association

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Bluebook

Colo. Rev. Stat. § 24-51-319 (2026).

Text

An employer that terminates
its affiliation with the association shall utilize an existing, or shall establish an
alternative, pension plan or system established pursuant to the provisions of article
54 of this title 24. Failure to utilize or establish an alternative pension plan or
system does not excuse the employer from the adherence to the remainder of the
termination of affiliation provisions of this part 3.

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An employer that terminates
its affiliation with the association shall utilize an existing, or shall establish an
alternative, pension plan or system established pursuant to the provisions of article
54 of this title 24. Failure to utilize or establish an alternative pension plan or
system does not excuse the employer from the adherence to the remainder of the
termination of affiliation provisions of this part 3.

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, � 10, effective June 4.