In the payment of survivor benefits hereunder, the association may, from time to time, authorize and approve payments directly to a minor or the parent caring for such minor without requiring the appointment of a duly constituted guardian for such minor. Likewise, the association may waive the appointment of a conservator for a beneficiary deemed mentally incompetent or otherwise unable by reason of age or illness to act without assistance, and may, from time to time, authorize and approve such payments to the person or institution having care of such beneficiary. The receipt of the person or institution so receiving such payments shall be a complete release and acquittance under this retirement plan with respect to such payments in all respects as if such payments had been made to a duly constituted guardian or conservator.
Source: L. 2009: Entire part added, (SB 09-282), ch. 288, p. 1384, § 56, effective January 1, 2010.
Structure Colorado Code
Article 51 - Public Employees' Retirement Association
Part 17 - Denver Public Schools Division
§ 24-51-1701. Legislative Declaration
§ 24-51-1703. Denver Public Schools Division - Consolidation
§ 24-51-1706. Accreditation of Casual Employment and Qualifiable Leave
§ 24-51-1707. Affiliate Membership
§ 24-51-1708. Unclaimed Moneys
§ 24-51-1711. Contributions - Refunds
§ 24-51-1712. Application for Retirement Benefits
§ 24-51-1713. Eligibility - Retirements Without Actuarial Reduction
§ 24-51-1714. Eligibility - Retirements Requiring Actuarial Reduction
§ 24-51-1716. Optional Forms of Allowance
§ 24-51-1722. Additional Optional Forms of Allowance Beginning December 31, 2004
§ 24-51-1725. Determination of Option P2 or P3 Benefits
§ 24-51-1726. Minimum Benefits - Contributing Members and Affiliate Members
§ 24-51-1727. Eligibility for Deferred Members
§ 24-51-1728. Accredited Service - Deferred Members
§ 24-51-1729. Benefits - Deferred Members
§ 24-51-1730. Deferred Member Death
§ 24-51-1731. Benefits for Deferred Members Determined Upon Date of Termination
§ 24-51-1733. Domestic Relations Order
§ 24-51-1734. Disability Retirement
§ 24-51-1735. Survivor Benefits - Refund
§ 24-51-1736. Eligibility for Survivor Benefits
§ 24-51-1737. Eligible Beneficiaries
§ 24-51-1738. Survivors of Members Who Died Between 1974 and 1984
§ 24-51-1739. Survivors of Members Who Died Between 1984 and 1988
§ 24-51-1740. Survivors of Members Who Die in 1988 or Later
§ 24-51-1741. Effective Date of Survivor Benefits
§ 24-51-1742. Election by Designated Beneficiary
§ 24-51-1743. When Election Becomes Irrevocable
§ 24-51-1745. Payment in Good Faith
§ 24-51-1746. Waive Appointment of Guardian
§ 24-51-1748. Staff Members of the Denver Public Schools Retirement System