The rights of benefit recipients and the vested rights of inactive members shall not be impaired or reduced in any manner as a result of the termination of affiliation of an employer with the association as provided in section 24-51-313.
Source: L. 88: Entire section added, p. 966, § 1, effective April 28.
Structure Colorado Code
Article 51 - Public Employees' Retirement Association
§ 24-51-301. Required Membership
§ 24-51-303. Members of the General Assembly
§ 24-51-305. District Attorneys
§ 24-51-305.5. Employees of District Attorneys
§ 24-51-307. Elected Municipal Officials
§ 24-51-308. City Managers and Key Management Staff
§ 24-51-309. Affiliation by Public Entities
§ 24-51-310. Persons Not Eligible for Membership
§ 24-51-311. Continuation of Membership
§ 24-51-312. Payment of Contributions
§ 24-51-314. Termination of Affiliation - Rights of Benefit Recipients and Inactive Members
§ 24-51-315. Termination of Affiliation - Reserves Requirement
§ 24-51-316. Inadequate Reserves - Excess Reserves - Nonpayment
§ 24-51-317. Termination of Affiliation - Member Contributions
§ 24-51-318. Purchase of Forfeited Service Credit
§ 24-51-319. Retirement Plan - Creation and Use
§ 24-51-320. Reaffiliation of a Public Entity
§ 24-51-321. No State Liability - Political Subdivision Pension Plans