Colorado § 24-51-910 Option 3 benefits

Colorado Statutes

§ 24-51-910 — Option 3 benefits

Colorado § 24-51-910

Title 24Government

Art.Public Employees' Retirement Association

This text of Colorado § 24-51-910 (Option 3 benefits) 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. § 24-51-910 (2026).

Text

The option 3 benefits provided for in this part
9 shall be the same as those benefits specified in section 24-51-801 (1)(c) and
calculated pursuant to the provisions of section 24-51-603 or 24-51-605.5 (2),
whichever provides the greater benefit, as if the deceased member had retired on
the day of death; but in no case shall the option 3 benefits be less than twenty-five
percent of the deceased member's highest average salary if the deceased member
had at least ten years of service credit.

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The option 3 benefits provided for in this part
9 shall be the same as those benefits specified in section 24-51-801 (1)(c) and
calculated pursuant to the provisions of section 24-51-603 or 24-51-605.5 (2),
whichever provides the greater benefit, as if the deceased member had retired on
the day of death; but in no case shall the option 3 benefits be less than twenty-five
percent of the deceased member's highest average salary if the deceased member
had at least ten years of service credit.

Legislative History

Source: L. 87: Entire article R&RE, p. 1069, � 1, effective July 1. L. 88: Entire section amended, pp. 962, 971, �� 16, 8, effective July 1. L. 95: Entire section amended, p. 555, � 11, effective July 1.