Colorado Code
Article 54 - County, Municipal, and Political Subdivision Officers' and Employees' Retirement Systems
§ 24-54-113. Direct Rollovers

Notwithstanding any other provision of this article, an employee or official who has terminated contributions to a plan established pursuant to this article, or a surviving spouse, may elect to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan in a direct rollover in accordance with section 401 (a)(31) of the federal "Internal Revenue Code of 1986", as amended. If a direct rollover is elected, such distribution shall be made by the distributing plan not later than ninety days after the later of the date the last contribution is received or the date a direct rollover election is received by the plan.
Source: L. 2003: Entire section added, p. 2612, § 13, effective June 5.

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