(2.3) Members with less than five years of service credit shall be eligible for service retirement benefits pursuant to section 24-51-605.5 upon reaching sixty-five years of age if contributions were made for sixty months.
(2.5) Members with less than five years of service credit who have not made contributions for sixty months shall be eligible for money purchase retirement benefits calculated pursuant to section 24-51-605.5 (2), upon reaching sixty-five years of age.
TABLE B SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) 50 30 60 20 65 5
TABLE B.05 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 55 30 60 20 65 5
TABLE B.07 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 55 30 60 25 65 5
TABLE B.1 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 30 50 25 55 20 65 5
TABLE B.2 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 58 30 65 5
TABLE B.3 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 60 30 65 5
TABLE B.4 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 58 30 65 5
TABLE B.5 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 64 30 65 5
TABLE B.6 SERVICE RETIREMENT ELIGIBILITY
Age Requirement Service Credit Requirement (years) (years) Any Age 35 55 25 65 5
Source: L. 87: Entire article R&RE, p. 1060, § 1, effective July 1; (3) added, p. 1097, § 5, effective July 1. L. 88: (3)(c) added by revision, p. 963, §§ 20(1), 21. L. 89: (1) amended, p. 1069, § 2, effective July 1. L. 93: (1)(b) amended, p. 1785, § 63, effective June 6. L. 95: (2) amended and (2.5) added, p. 554, § 7, effective July 1. L. 98: (1)(a) amended, p. 914, § 2, effective July 1. L. 2000: (1)(c) added, p. 781, § 6, effective June 1. L. 2004: (1)(a.5) added, p. 699, § 8, effective July 1, 2005. L. 2005: (4) added, p. 528, § 6, effective May 24. L. 2006: (1)(a.5) and (1)(c) amended and (1)(a.7) and (1)(d) added, p. 1182, § 13, effective May 25. L. 2009: (4) amended and (5) added, (SB 09-282), ch. 288, p. 1345, § 30, effective January 1, 2010. L. 2010: (1) and (5) amended and (1.5), (1.7), and (1.8) added, (SB 10-001), ch. 2, p. 11, § 12, effective January 1, 2011. L. 2018: (1.7)(a), (1.8)(a), and (2) amended and (1.9) and (2.3) added, (SB 18-200), ch. 370, p. 2247, § 14, effective June 4.
Editor's note: (1) The provisions of this section are similar to provisions of several former sections as they existed prior to 1987. For a detailed comparison, see the comparative tables located in the back of the index.
(2) Subsection (3)(c) provided for the repeal of subsection (3), effective January 1, 1990. (See L . 88, p. 963.)
Cross references: For the legislative declaration in SB 18-200, see section 1 of chapter 370, Session Laws of Colorado 2018.
Structure Colorado Code
Article 51 - Public Employees' Retirement Association
§ 24-51-601. Retirement Benefit Reserve
§ 24-51-602. Service Retirement Eligibility
§ 24-51-603. Benefit Formula for Service Retirement
§ 24-51-604. Reduced Service Retirement Eligibility
§ 24-51-605. Benefit Formula for Reduced Service Retirement
§ 24-51-605.5. Benefit Calculation for Money Purchase Retirement Benefit
§ 24-51-606. Vested Inactive Member Rights
§ 24-51-606.5. Indexation of Benefits for Vested Inactive Members
§ 24-51-609. Service Credit Exceeding Twenty Years
§ 24-51-610. Division From Which a Member Retires
§ 24-51-611. Maximum Limit Under Federal Law