Title 24, Government - State
0 chapters · 2,521 sections in this title.
Colo. Rev. Stat. § 24-51-706 Disability determination for members of the judicial division
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The earned service credit of a member of the judicial division who retires due to disability shall include such service credit as would have been earned had membership continued to the end of the term of office which the member was serving at the time of termination of employment…
Colo. Rev. Stat. § 24-51-707 Continuation of disability retirement benefits - reduction based on earned income - applications made prior to January 1, 1999
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(1) For any disability retiree whose disability retirement date is on or after July 1, 1988, and whose application for disability retirement was received by the association prior to January 1, 1999, the amount of the annual disability benefit shall be reduced by one-third of the …
Colo. Rev. Stat. § 24-51-708 Division from which a disabled member retires
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The division in which the retiree had membership immediately preceding the date of retirement shall be the division from which the member retires. Source: L. 97: Entire part R&RE, p. 778, � 12, effective January 1, 1999. L. 2009: Entire section amended, (SB 09-282), ch. 288, p. 1…
Colo. Rev. Stat. § 24-51-801 Benefit options
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(1) Any member applying for service retirement or disability retirement may elect to receive a monthly retirement benefit paid in accordance with any one of the following options: (a) Option 1. A single life benefit payable for the life of the retiree and, upon the death of the r…
Colo. Rev. Stat. § 24-51-802 Change in option or cobeneficiary
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(1) Except as otherwise provided in this part 8, the election of an option and the designation of a cobeneficiary for options 2 and 3 shall not be changed after sixty days have elapsed from issuance of the initial benefit payment. (2) The election of an option or the designation …
Colo. Rev. Stat. § 24-51-803 Determination of option 2 or 3 benefits
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(1) For service retirement, the calculation of benefits payable pursuant to option 2 or 3, as set forth in section 24-51-801, shall be actuarially determined as of the date the retiree attained the age and service requirements for service retirement regardless of the effective da…
Colo. Rev. Stat. § 24-51-901 Survivor benefits reserve
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A survivor benefits reserve is hereby created to provide monthly survivor benefits to eligible survivors of certain deceased members and certain deceased inactive members. Source: L. 87: Entire article R&RE, p. 1067, � 1, effective July 1. Editor's note: This section is similar t…
Colo. Rev. Stat. § 24-51-902 Modification of named beneficiaries
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A named beneficiary may be added, deleted, or changed by a member or inactive member, including members from the Denver public schools division, upon written notice to the association. Source: L. 87: Entire article R&RE, p. 1067, � 1, July 1. L. 2009: Entire section amended, (SB …
Colo. Rev. Stat. § 24-51-903 Distribution to named beneficiaries
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All named beneficiaries, if more than one, who survive the deceased member or deceased inactive member, including members from the Denver public schools division, shall share equally in a single payment. Source: L. 87: Entire article R&RE, p. 1067, � 1, effective July 1. L. 2009:…
Colo. Rev. Stat. § 24-51-904 Survivor benefits - eligibility - member defined
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(1) (a) Survivor benefits may become payable if the deceased person was: (I) A member who had earned at least one year of service credit; except that such one-year service requirement shall be waived if the death of the member was job-incurred; or (II) An inactive member who had …
Colo. Rev. Stat. § 24-51-905 Deceased member who was not eligible for service or reduced service retirement
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(1) In accordance with the provisions of this part 9, if a member met the service credit requirements specified in section 24-51-904 (1)(a)(I) or (1)(a)(II) but did not meet the age and service credit requirements for service retirement as of the date of death, pursuant to the pr…
Colo. Rev. Stat. § 24-51-906 Deceased member who was eligible for service or reduced service retirement
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(1) In accordance with the provisions of this part 9, if a member met the age and service credit requirements for service retirement as of the date of death, pursuant to the provisions of section 24-51-602 or 24-51-604, survivor benefits or a single payment shall be payable in th…
Colo. Rev. Stat. § 24-51-907 Form of survivor benefits and single payments
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(1) Survivor benefits shall be payable if received by persons specified in section 24-51-905 (1)(a) or (1)(c) or 24-51-906 (1)(a) or (1)(c). (2) A single payment shall be payable if received by persons specified in section 24-51-905 (1)(e), (1)(f), (2)(b), or (2)(c) or 24-51-906 …
Colo. Rev. Stat. § 24-51-908 Survivor benefits
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(1) Survivor benefits paid to a cobeneficiary pursuant to the provisions of section 24-51-906 (1)(a) shall be calculated in the same manner as option 3 benefits pursuant to the provisions of section 24-51-910. Survivor benefits paid to a surviving spouse pursuant to the provision…
Colo. Rev. Stat. § 24-51-909 Surviving spouse's benefits
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A surviving spouse's benefit shall be equal to twenty-five percent of the highest average salary of the deceased member. Source: L. 87: Entire article R&RE, p. 1069, � 1, effective July 1. L. 88: Entire section amended, p. 962, � 15, effective July 1. Editor's note: This section …
Colo. Rev. Stat. § 24-51-910 Option 3 benefits
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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 ret…
Colo. Rev. Stat. § 24-51-911 Commencement of survivor benefits or single payment
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(1) When a single payment is payable pursuant to the provisions of this part 9, said payment shall be made when the full amount of moneys credited to the member contribution account of the member, the full amount of matching employer contributions, and the person to receive the b…
Colo. Rev. Stat. § 24-51-912 Termination of survivor benefits
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(1) Survivor benefits payable pursuant to the provisions of section 24-51-908 shall terminate when the benefit recipient dies or is no longer qualified to receive such benefits. (2) Qualified children's survivor benefits shall terminate when the children marry or the board finds …
Colo. Rev. Stat. § 24-51-913 Payment upon termination of survivor benefits
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(1) Upon termination of survivor benefits as specified in section 24-51-912 prior to the association's having paid survivor benefits equal to the total of the amount of moneys credited to the member contribution account of the member and matching employer contributions, any remai…
Colo. Rev. Stat. § 24-51-914 Reciprocal survivor benefits agreement. (Repealed)
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Source: L. 87: Entire article R&RE, p. 1071, � 1, effective July 1. L. 2009: Entire section repealed, (SB 09-282), ch. 288, p. 1346, � 39, effective January 1, 2010. Editor's note: This section was similar to former � 24-51-505 as it existed prior to 1987.