C.R.S. Section 31-30.5-404
Plans affiliated with the fire and police pension association

Notwithstanding any provision of this part 4 to the contrary, an employer that affiliates its old hire police officers’ or firefighters’ pension fund with the fire and police pension association pursuant to section 31-31-701 and that is not receiving state contributions under part 3 of this article shall annually contribute an amount approved by the board of directors of the association, upon the advice of its actuary, sufficient to pay the normal cost plus amortize the unfunded past service liability attributed to old hire members, over a period not to exceed the lesser of twenty years or the number of years equal to the average remaining life expectancy of the pension fund’s members.

Source: Section 31-30.5-404 — Plans affiliated with the fire and police pension association, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2024-title-31.­pdf (accessed May 26, 2025).

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

Current through Fall 2025

§ 31-30.5-404. Plans affiliated with the fire & police pension association's source at colorado​.gov