Colorado § 31-30.5-404 Plans affiliated with the fire and police pension association

Colorado Statutes

§ 31-30.5-404 — Plans affiliated with the fire and police pension association

Colorado § 31-30.5-404

Title 31Government

Art.Fire - Police - Old Hire Pension Plans

This text of Colorado § 31-30.5-404 (Plans affiliated with the fire and police pension association) 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. § 31-30.5-404 (2026).

Text

Notwithstanding any provision of this part 4 to the contrary, an employer that
affiliates its old hire police officers' or firefighters' pension fund with the fire and
police pension association pursuant to section 31-31-701 and that is not receiving
state contributions under part 3 of this article shall annually contribute an amount
approved by the board of directors of the association, upon the advice of its
actuary, sufficient to pay the normal cost plus amortize the unfunded past service
liability attributed to old hire members, over a period not to exceed the lesser of
twenty years or the number of years equal to the average remaining life expectancy
of the pension fund's members.

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Notwithstanding any provision of this part 4 to the contrary, an employer that
affiliates its old hire police officers' or firefighters' pension fund with the fire and
police pension association pursuant to section 31-31-701 and that is not receiving
state contributions under part 3 of this article shall annually contribute an amount
approved by the board of directors of the association, upon the advice of its
actuary, sufficient to pay the normal cost plus amortize the unfunded past service
liability attributed to old hire members, over a period not to exceed the lesser of
twenty years or the number of years equal to the average remaining life expectancy
of the pension fund's members.

Legislative History

Source: L. 96: Entire article added with relocations, p. 878, � 1, effective May 23. L. 2009: Entire section amended, (SB 09-227), ch. 125, p. 543, � 4, effective April 16.