GroundRules
19-6-1003: Deferred retirement option plan established -- rulemaking.
Where this section sits in the code
- TITLE 19. PUBLIC RETIREMENT SYSTEMS
- CHAPTER 6. HIGHWAY PATROL OFFICERS' RETIREMENT
- Part 10. Deferred Retirement Option Plan (DROP)
(1) The board shall establish a DROP for eligible members of the retirement system who elect to participate.
(2) The board shall administer the DROP in compliance with the Internal Revenue Code and the applicable rules, regulations, and determinations of the internal revenue service.
(3) The board may adopt rules to administer this part.
Collected 2026-09-14T04:48:54Z. Source file · JSON