Colorado § 31-31.5-403 Defined benefit component benefits

Colorado Statutes

§ 31-31.5-403 — Defined benefit component benefits

Colorado § 31-31.5-403

Title 31Government

Art.Fire and Police Pension Association of Colorado Statewide Retirement Plan

This text of Colorado § 31-31.5-403 (Defined benefit component 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. § 31-31.5-403 (2026).

Text

(1)In calculating the retirement pension for a member who has service credit in the defined benefit component, the benefit is the sum of the following:

(a)Two percent multiplied by the service credit earned or purchased in the defined benefit component, not to exceed ten years of service credit, multiplied by the average of the member's highest three years' base salary in the defined benefit component; plus

(b)Two and one-half percent multiplied by the service credit earned or purchased in the defined benefit component in excess of ten years multiplied by the average of the member's highest three years' base salary in the defined benefit component.

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(1) In calculating the
retirement pension for a member who has service credit in the defined benefit
component, the benefit is the sum of the following:

(a) Two percent multiplied by the service credit earned or purchased in the
defined benefit component, not to exceed ten years of service credit, multiplied by
the average of the member's highest three years' base salary in the defined benefit
component; plus

(b) Two and one-half percent multiplied by the service credit earned or
purchased in the defined benefit component in excess of ten years multiplied by
the average of the member's highest three years' base salary in the defined benefit
component.