C.R.S. § 24-51-607: Benefit formula for service retirement or reduced service retirement involving direct payments.
Where this section sits in the code
- Title 24 - GOVERNMENT - STATE
- Article 51 - Public Employees' Retirement Association
- Part 6 - SERVICE RETIREMENT
A benefit for service retirement or reduced service retirement involving direct payments made by a vested inactive member shall be the option 1 benefit for service retirement, as calculated according to the formula set forth in section 24-51-603 or 24-51-605; except that the amount of the benefit shall then be multiplied by the ratio of service credit to the service credit required for eligibility as set forth in table B in section 24-51-602 or table C in section 24-51-604, whichever is applicable.
Collected 2026-09-14T18:37:45Z. Source file · JSON