C.R.S. Section 23-20-139
Retirement plan

  • eligibility
  • election

(1)

Intentionally left blank —Ed.

(a)

The university of Colorado president, chancellors, deans, other professionals exempt from the state personnel system, and faculty as determined by the board of regents to be eligible to participate in a university of Colorado retirement plan shall be members of a university retirement plan and covered under social security if required by federal law; except that, upon initial appointment to or employment in a position described in this subsection (1), an employee who is a member or inactive member of the association shall elect, within thirty days after such appointment, either to join the association in accordance with the provisions of article 51 of title 24, C.R.S., or to participate in a university retirement plan.

(b)

For purposes of this section, “association” means the public employees’ retirement association created pursuant to section 24-51-201, C.R.S.

(2)

An election made by an employee pursuant to subsection (1) of this section shall be irrevocable and shall remain the election of the employee at any time the employee is employed by the university in a position described in subsection (1) of this section.

(3)

An election to participate in a university retirement plan pursuant to subsection (1) of this section shall be in writing and shall be filed with the association and with the university in a manner prescribed by the university.

(4)

An election to join the association pursuant to the provisions of this section shall be in writing in the manner provided by the association and shall be filed with the association no more than thirty days after the election.

(5)

If an employee fails to make an election pursuant to the provisions of this section, the employee shall be a member of the association.

(6)

The university shall be solely responsible for educating employees and providing information to employees about the process provided in this section and for the administration of the process.

(7)

Administrative actions or civil actions brought by employees to dispute the election for participation or failure to elect participation in the association or a university retirement plan shall commence within one hundred eighty days after the election or within one hundred eighty days after the date on which the employee may make an election to participate in such plan pursuant to this section, whichever is earlier, and not thereafter.

Source: Section 23-20-139 — Retirement plan - eligibility - election, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-23.­pdf (accessed Oct. 20, 2023).

23‑20‑101
University of Colorado - role and mission - all campuses 23‑20‑102
Regents - election and term 23‑20‑103
Oath or affirmation of regents 23‑20‑104
Meetings - quorum 23‑20‑105
Governor to fill vacancies 23‑20‑106
President - election 23‑20‑107
President to report - contents 23‑20‑108
Secretary - duties 23‑20‑109
Treasurer - duties - bond 23‑20‑110
Attorney general legal advisor 23‑20‑111
Supervisory powers of board 23‑20‑112
General powers of the board - definitions 23‑20‑113
Board to fix salaries 23‑20‑114
Employment of medical personnel 23‑20‑115
Departments - degrees - diplomas 23‑20‑116
Claims against university 23‑20‑117.5
University of Colorado fund - creation - control - use 23‑20‑118
Investments in consolidated funds 23‑20‑119
Corporate stock in name of nominee authorized - report 23‑20‑120
Donations - invested 23‑20‑121
Money from university lands 23‑20‑122
Raising funds for university student memorial center 23‑20‑123
Rents or charges for buildings and facilities for research 23‑20‑124
Research building revolving fund - appropriation of fund 23‑20‑125
Anticipation warrants 23‑20‑126
Purchase of anticipation warrants 23‑20‑127
Warrants as security - when 23‑20‑128
Tax exemption 23‑20‑129
Bonds 23‑20‑129.5
Enterprise auxiliary facility bonds 23‑20‑130
Disposition of natural specimens 23‑20‑131
Free pupil from each county 23‑20‑132
When tuition fee charged 23‑20‑133
Religious societies not to control 23‑20‑134
No loans to board or faculty - exception 23‑20‑135
Contracting debt forbidden, when 23‑20‑136
Fitzsimons trust fund - creation - legislative declaration - repeal 23‑20‑137
Health sciences center - disposition of property - use of proceeds 23‑20‑138
Health sciences center - definitions - accountable student program - creation 23‑20‑139
Retirement plan - eligibility - election 23‑20‑140
Partnership for rural education preparation - created - report 23‑20‑142
Educator well-being and mental health program - reporting - repeal 23‑20‑143
High-potency THC marijuana and marijuana concentrate research 23‑20‑144
Colorado pediatric psychiatry consultation and access program (CoPPCAP) - created 23‑20‑145
Language access emergency alert study - definitions - repeal
Green check means up to date. Up to date

Current through Fall 2024

§ 23-20-139’s source at colorado​.gov