Service credit earned by a member during the most recent period of membership shall be combined with the service credit associated with the existing member contribution account of such member. Notwithstanding the provisions of this section, members exercising portability between the Denver public schools division and other association divisions are governed by the provisions of section 24-51-1747, retirees suspending retirement or reduced service retirement benefits are governed by section 24-51-1103 (1), and DPS retirees suspending retirement benefits are governed by section 24-51-1726.5.
Source: L. 87: Entire article R&RE, p. 1059, § 1, effective July 1. L. 2009: Entire section amended, (SB 09-282), ch. 288, p. 1344, § 29, effective January 1, 2010. L. 2010: Entire section amended, (SB 10-001), ch. 2, p. 11, § 11, effective January 1, 2011.
Editor's note: This section is similar to former §§ 24-51-1110, 24-51-128, and 24-51-215 as they existed prior to 1987. For a detailed comparison, see the comparative tables located in the back of the index.
Structure Colorado Code
Article 51 - Public Employees' Retirement Association
§ 24-51-501. Earned Service Credit
§ 24-51-502. Purchased Service Credit
§ 24-51-503. Purchase of Service Credit Relating to a Refunded Member Contribution Account
§ 24-51-504. Purchase of Service Credit Relating to a Paid Sabbatical Leave
§ 24-51-505. Purchase of Service Credit Relating to Noncovered Employment
§ 24-51-506. Payments for Purchased Service Credit
§ 24-51-507. Uniformed Service Credit