Colorado § 24-51-406 Payments from the judicial division

Colorado Statutes

§ 24-51-406 — Payments from the judicial division

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

Any member of the judicial
division who was a member of that division on or before July 1, 1973, and who retires
from the judicial division with more than sixteen years of service credit may elect
prior to retirement to receive, within ninety days following the effective date of
retirement, a payment of the member contributions and interest together with
matching employer contributions, calculated pursuant to the provisions of section
24-51-408 (1), that are associated with the service credit earned during the
seventeenth through the twentieth years. This payment shall negate the service
credit earned during those years.

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Any member of the judicial
division who was a member of that division on or before July 1, 1973, and who retires
from the judicial division with more than sixteen years of service credit may elect
prior to retirement to receive, within ninety days following the effective date of
retirement, a payment of the member contributions and interest together with
matching employer contributions, calculated pursuant to the provisions of section
24-51-408 (1), that are associated with the service credit earned during the
seventeenth through the twentieth years. This payment shall negate the service
credit earned during those years.

Colorado § 24-51-406 (Payments from the judicial division) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 87: Entire article R&RE, p. 1056, � 1, effective July 1. L. 88: Entire section amended, p. 969, � 1, effective April 14. L. 95: Entire section amended, p. 553, � 3, effective July 1.