Colorado Code
Part 4 - Contributions
§ 24-51-408. Matching Employer Contributions

(2.5) Notwithstanding subsection (2) of this section, for a member who has less than five years of earned service credit as of the date of refund and who receives a refund prior to sixty-five years of age and prior to meeting the age and service requirements for a service or reduced service retirement benefit, the amount of matching employer contributions paid shall be one-half of an amount equal to the member contribution account accumulated prior to January 1, 2011, less:






Source: L. 95: Entire section added, p. 553, § 4, effective July 1. L. 99: IP(1) and IP(2) amended and (3) added, p. 338, § 3, effective July 1. L. 2004: (3) amended, p. 1944, § 18, effective January 1, 2006. L. 2005: (3) amended, p. 769, § 40, effective June 1. L. 2009: (4) added, (SB 09-282), ch. 288, p. 1341, § 22, effective January 1, 2010. L. 2010: IP(2) and (4) amended and (2.5) added, (SB 10-001), ch. 2, p. 7, § 8, effective January 1, 2011.

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