Title 24, Government - State
0 chapters · 2,521 sections in this title.
Colo. Rev. Stat. § 24-54-100.3 Definitions
5.0K chars
As used in this article 54, unless the context otherwise requires: (1) County means a county or a city and county, including any entity formed by such county or city and county. (2) Current employee means any person currently performing service that constitutes employment for any…
Colo. Rev. Stat. § 24-54-101 Authorization to establish and maintain retirement plan or system
2.2K chars
(1) Any county, municipality, or other political subdivision by itself or in conjunction with any other county, municipality, or political subdivision is hereby authorized to establish and maintain a general plan or system of retirement benefits for its elected or appointed offic…
Colo. Rev. Stat. § 24-54-101.5 Retirement plans or systems - exemption
0.2K chars
A retirement plan or system established pursuant to a provision of law other than this article may elect not to be covered under this article. Source: L. 2007: Entire section added, p. 396, � 1, effective August 3.
Colo. Rev. Stat. § 24-54-102 Type of plan or system
0.4K chars
Any plan or system adopted pursuant to the provisions of this article shall be based either on the purchase of an insured group plan of retirement annuities funded through a group carrier or on a noninsured trust retirement plan; or such plan or system may provide for participati…
Colo. Rev. Stat. § 24-54-103 Prior service benefits
0.6K chars
Employees of a county, municipality, political subdivision, or other participating entity that adopts a retirement plan or system may receive prior service benefits not to exceed five years to be funded entirely by the county, municipality, political subdivision, or other partici…
Colo. Rev. Stat. § 24-54-104 Funds for plan or system - additional contribution
3.4K chars
(1) Except as otherwise provided in this section, any plan or system adopted pursuant to this article 54 shall require participants to contribute a percentage of their salaries toward the cost thereof, such rate of contribution to be not less than three percent of the participant…
Colo. Rev. Stat. § 24-54-105 Insurer authorized to do business in state - county, municipal, or political subdivision charge
0.5K chars
(1) Any group annuity contract purchased pursuant to the provisions of this article shall be obtained from a life insurance company duly authorized to do an insurance and annuity business in this state, responsible and financially sound considering the extent and duration of cove…
Colo. Rev. Stat. § 24-54-106 Association shall be formed - withdrawal
7.2K chars
(1) Any county, or group of counties, any municipality or group of municipalities, any political subdivision or group of political subdivisions, or any other participating entity or group of participating entities adopting a retirement plan or system pursuant to the provisions of…
Colo. Rev. Stat. § 24-54-107 Boards of retirement
10.1K chars
(1) The management of the county retirement system shall be vested in a county board of retirement consisting of five members, one of whom shall be the county treasurer of the county in the system or from the county with the largest population if two or more counties are involved…
Colo. Rev. Stat. § 24-54-107.5 Boards of retirement - requirements - plans or systems comprised of one or more counties, one or more municipalities, and one or more political subdivisions
1.7K chars
(1) A person who has been adjudicated of violating any provision of this article or who has been convicted of a felony or any crime involving the misappropriation of funds shall not be elected or continue to serve as a member of a joint board of retirement created pursuant to sec…
Colo. Rev. Stat. § 24-54-108 Control and management of plan or system
2.4K chars
(1) The retirement board of any association formed pursuant to the provisions of section 24-54-106 shall have full and complete control and management of any retirement plan provided for and authorized by this article, other than matters relating to participation in the public em…
Colo. Rev. Stat. § 24-54-108.5 Control and management of individual county plan
4.0K chars
(1) The retirement board of any individual county retirement plan shall have full and complete control and management of any retirement plan provided for and authorized by this article, other than matters relating to participation in the public employees' retirement association. …
Colo. Rev. Stat. § 24-54-109 County, municipal, or political subdivision retirement fund - tax
1.7K chars
(1) Any county adopting a retirement plan as authorized by this article shall establish a county officials’ and employees’ retirement fund, which fund is hereby authorized. The board of county commissioners may levy a retirement fund tax, in addition to any other tax authorized b…
Colo. Rev. Stat. § 24-54-110 Exemption authorized - conditions
0.3K chars
Any municipality is authorized to exempt the city manager and key management staff who report directly to the city manager or directly to the city council from the provisions of this article. Source: L. 87: Entire article added, p. 1090, � 2, effective July 1; entire section amen…
Colo. Rev. Stat. § 24-54-111 Funds not subject to process
1.5K chars
Except for assignments for child support purposes as provided for in sections 14-10-118 (1) and 14-14-107, C.R.S., as they existed prior to July 1, 1996, for income assignments for child support purposes pursuant to section 14-14-111.5, C.R.S., for writs of garnishment that are t…
Colo. Rev. Stat. § 24-54-112 Investments
0.7K chars
(1) The retirement board shall have complete control and authority to invest the funds of the plan. (2) and (3) (Deleted by amendment, L. 2000, p. 752, � 1, effective August 2, 2000.) (4) Funds of the plan shall be managed and invested by the retirement board of such plan in acco…
Colo. Rev. Stat. § 24-54-113 Direct rollovers
0.7K chars
Notwithstanding any other provision of this article, an employee or official who has terminated contributions to a plan established pursuant to this article, or a surviving spouse, may elect to have any portion of an eligible rollover distribution paid directly to an eligible ret…
Colo. Rev. Stat. § 24-54-114 Audit
1.2K chars
Every three years, the state auditor may conduct or cause to be conducted an audit of any retirement plan or system of retirement benefits established and maintained by any county in conjunction with any other county pursuant to the provisions of this article. The audit shall rev…
Colo. Rev. Stat. § 24-54-115 Confidentiality
0.7K chars
All information contained in records of members of a retirement plan or system of retirement benefits established and maintained pursuant to the provisions of this article, former members, inactive members, or benefit recipients and their dependents shall be kept confidential by …
Colo. Rev. Stat. § 24-54-116 Modification of a defined benefit plan or system - legislative declaration - repeal. (Repealed)
0.5K chars
C.R.S. 24-54-116Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Services…
Colo. Rev. Stat. § 24-54-117 Notice of possible change in benefits - ensuring sustainability
0.4K chars
The board of any defined benefit plan or system adopted pursuant to the provisions of this article shall provide written notice to each member, inactive member, and beneficiary that the possibility of a reduction of benefits to ensure the sustainability of the defined benefit pla…