C.R.S. Section 23-21-604
Transfers necessary to accomplish the purposes of this part 6

(1)

The trustee of the part 4 corporation’s qualified retirement plan shall transfer all reserves to the authority’s qualified retirement plan as soon as practicable after the authority’s transfer date and consistent with sound actuarial practices.
(2)(a)(I) The reserves held by PERA which are due and payable to the part 4 corporation shall remain with PERA to the extent and in the amount necessary to enable the authority to make the contributions to PERA provided for in section 23-21-603 (1)(b), (2)(b), (3)(b), or (5)(b).

(II)

Any remaining reserves held by PERA which are due and payable to the part 4 corporation, including interest as determined by mutual agreement of the trustees of PERA and the board of directors of the authority, shall be transferred to the authority’s qualified retirement plan as soon as practicable and consistent with sound actuarial practices.

(b)

If the reserves held by PERA which are due and payable to the part 4 corporation are not sufficient to enable the authority to make the contributions to PERA provided for in section 23-21-603 (1)(b), (2)(b), (3)(b), or (5)(b), the authority shall transfer such additional amount to PERA plus interest as determined by mutual agreement of the trustees of PERA and the board of directors of the authority.

(3)

Any employer and employee contributions under the “Federal Insurance Contributions Act”, as amended, which are refunded pursuant to section 23-21-603 (1)(b), (2)(b), (3)(b), or (5)(b) shall be payable to the authority’s qualified retirement plan.

(4)

All expenses incurred for the preparation of actuarial reports pursuant to this section shall be paid by the authority. Any such actuarial reports shall be available to the authority upon request.

Source: Section 23-21-604 — Transfers necessary to accomplish the purposes of this part 6, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-23.­pdf (accessed Oct. 20, 2023).

23‑21‑201
Legislative declaration 23‑21‑202
Definitions 23‑21‑203
Center created - committee established 23‑21‑204
Duties of the school of medicine 23‑21‑301
Legislative declaration 23‑21‑302
Definitions 23‑21‑303
Center created - committee established 23‑21‑304
Duties of the school of medicine 23‑21‑501
Legislative declaration 23‑21‑502
Definitions 23‑21‑503
University of Colorado hospital authority 23‑21‑504
Mission of the authority - obligation to provide uncompensated care - action of the board of directors 23‑21‑505
Authorization for transfer of hospital assets and liabilities to authority 23‑21‑506
Relationship between authority and regents 23‑21‑507
Personnel 23‑21‑508
Retirement benefits - rights of former state employees - PERA membership 23‑21‑509
Status of part 4 corporation - effect of actions taken by part 4 corporation - validation of certain actions 23‑21‑510
Records of board of directors 23‑21‑511
Meetings of board of directors 23‑21‑512
Disclosure of interests required 23‑21‑513
General powers of the authority 23‑21‑514
Bonds and notes 23‑21‑515
Remedies 23‑21‑516
Negotiable instruments 23‑21‑517
Bonds eligible for investment 23‑21‑518
Refunding bonds 23‑21‑519
Nonliability of state for bonds 23‑21‑520
Members of authority not personally liable on bonds 23‑21‑521
Annual report 23‑21‑522
Powers of the authority - investments 23‑21‑523
Agreement of this state 23‑21‑524
This part 5 not a limitation of powers 23‑21‑525
Exemption from property taxation 23‑21‑526
Psychiatric hospital 23‑21‑527
General assembly retains authority to enact laws governing university hospital 23‑21‑528
Severability 23‑21‑601
Legislative declaration 23‑21‑602
Personnel - election to return to state personnel system 23‑21‑603
Pension status of part 4 corporation employees 23‑21‑604
Transfers necessary to accomplish the purposes of this part 6 23‑21‑701
Legislative declaration 23‑21‑702
Definitions 23‑21‑703
Center created 23‑21‑704
Duties of the school of medicine 23‑21‑801
Short title 23‑21‑802
Legislative declaration 23‑21‑803
Definitions 23‑21‑804
Medication-assisted treatment expansion pilot program - created - pilot program location - eligible grant recipients - rules 23‑21‑805
MAT expansion advisory board - created - duties 23‑21‑806
Grant application - criteria - awards 23‑21‑807
Reporting requirements 23‑21‑808
Funding for pilot program 23‑21‑901
Regional health connector workforce program - creation - school of medicine - repeal 23‑21‑1001
Medication for opioid use disorder - consultation - stipends - school of medicine duties - legislative declaration 23‑21‑1101
Legislative declaration 23‑21‑1102
Definitions 23‑21‑1103
Colorado multidisciplinary health-care provider access training program - created 23‑21‑1104
Colorado multidisciplinary health-care provider access training program advisory committee - created - training 23‑21‑1105
Reporting
Green check means up to date. Up to date

Current through Fall 2024

§ 23-21-604’s source at colorado​.gov