C.R.S. Section 31-30.5-103
Applicability


(1)

Intentionally left blank —Ed.

(a)

Except as provided in subsection (2) of this section, every employer in this state shall provide the applicable pension benefits of the old hire police or fire pension plan established by this article for members hired on or before April 7, 1978.

(b)

In addition to paragraph (a) of this subsection (1), every employer in this state shall provide the applicable pension benefits of the old hire police or fire pension plan established by this article for members hired on or after April 8, 1978, but before January 1, 1980, if:

(I)

The member has prior service as a firefighter or police officer in the state of Colorado;

(II)

The current employer approved coverage under its old hire pension plan or any other local plan;

(III)

The member contributed to the old hire pension fund of the current employer the amount of money that the member would have paid if all the member’s prior service had been as an employee of the current employer, such makeup contribution to have been paid over a three-year period; and

(IV)

The member requested such coverage, in writing, on or before December 31, 1981.

(2)

The following members, otherwise eligible to participate in an old hire pension plan pursuant to subsection (1) of this section shall be exempt from participation:

(a)

Members covered under an exempt pension plan established by part 8 of this article;

(b)

Members who, pursuant to the affiliation of their old hire pension plan with the fire and police pension association as provided by section 31-31-701, elect to become covered under the provisions of the statewide defined benefit plan, established by article 31 of this title; and

(c)

Members covered under the federal “Social Security Act”, unless their employer also provides supplemental retirement benefits under an old hire pension plan.

(3)

All members meeting the requirements of subsection (1) of this section, who are not otherwise excluded from an old hire pension plan coverage under subsection (2) of this section, shall be referred to in this article and article 31 of this title as “old hire members”.

Source: Section 31-30.5-103 — Applicability, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-31.­pdf (accessed Oct. 20, 2023).

31‑30.5‑101
Legislative declaration
31‑30.5‑102
Definitions
31‑30.5‑103
Applicability
31‑30.5‑201
Funds created
31‑30.5‑202
Board of trustees - firefighters’ old hire pension fund
31‑30.5‑203
Board of trustees - police officers’ old hire pension fund
31‑30.5‑204
Powers and duties of the board
31‑30.5‑205
Attorneys to advise
31‑30.5‑206
Warrants drawn
31‑30.5‑207
Method of payment
31‑30.5‑208
Fund not subject to levy
31‑30.5‑209
Idle funds
31‑30.5‑210
Plan amendment
31‑30.5‑211
Affiliation with the fire and police pension association
31‑30.5‑212
Qualification requirements - internal revenue code - definitions
31‑30.5‑213
Dissolution of fire departments
31‑30.5‑301
Legislative declaration
31‑30.5‑302
Definitions
31‑30.5‑304
Limitation on existing funds - procedures
31‑30.5‑305
No change in employer obligation
31‑30.5‑306
Actuarial studies
31‑30.5‑307
State contribution
31‑30.5‑401
Sources of revenue for fund
31‑30.5‑402
Municipalities under fifty thousand - limit of contributions to old hire police officers’ pension plans
31‑30.5‑403
Employers under one hundred thousand - limit of contributions to old hire firefighter pension plans
31‑30.5‑404
Plans affiliated with the fire and police pension association
31‑30.5‑501
Old hire pension fund - investments
31‑30.5‑502
Insurance - investment by banks and trust companies
31‑30.5‑503
Alternative investment authority
31‑30.5‑601
Police officers’ old hire pension plans - municipalities under one hundred thousand in population
31‑30.5‑602
Firefighters’ old hire pension plans - municipalities and districts under one hundred thousand in population
31‑30.5‑603
Police officers’ old hire pension plans - municipalities of at least one hundred thousand in population
31‑30.5‑604
Firefighters’ old hire pension plans - municipalities of at least one hundred thousand in population
31‑30.5‑701
Coverage
31‑30.5‑702
Police officers’ old hire pension plans - municipalities under one hundred thousand in population
31‑30.5‑703
Firefighters’ old hire pension plans - municipalities and districts under one hundred thousand in population
31‑30.5‑704
Police officers’ old hire pension plans - municipalities of at least one hundred thousand in population
31‑30.5‑705
Firefighters’ old hire pension plans - municipalities of at least one hundred thousand in population
31‑30.5‑801
Exempt alternative programs authorized
31‑30.5‑802
Exempt money purchase plan option
31‑30.5‑803
Investment authority
Green check means up to date. Up to date

Current through Fall 2024

§ 31-30.5-103’s source at colorado​.gov