§ 24-51-604. Reduced service retirement eligibility

CO Rev Stat § 24-51-604 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

(1) DPS members with less than five years of service credit as of January 1, 2011, and members who were members, inactive members, or retirees on December 31, 2019, and who have met the age and service credit requirements stated in the following table and who do not meet the requirements of section 24-51-602 shall, upon written application and approval of the board, receive reduced service retirement benefits pursuant to the benefit formula set forth in section 24-51-605:

TABLE C REDUCED SERVICE RETIREMENT ELIGIBILITY Age Requirement

Service Credit Requirement

(years)

(years)

50 25

50State Troopers only

20 55 20

60 5

(2) Members who were not members, inactive members, or retirees on December 31, 2019, who have met the age and service credit requirements stated in the following table and who do not meet the requirements of section 24-51-602 shall, upon written application and approval of the board, receive reduced service retirement benefits pursuant to the benefit formula set forth in section 24-51-605:

TABLE C.1 REDUCED SERVICE RETIREMENT ELIGIBILITY Age Requirement

Service Credit Requirement

(years)

(years)

55 25

55State Troopers only

20 60 5