Colo. Rev. Stat. § 24-51-319

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session

Section 24-51-319 - Retirement plan - creation and use

An employer that terminates its affiliation with the association shall utilize an existing, or shall establish an alternative, pension plan or system established pursuant to the provisions of article 54 of this title 24. Failure to utilize or establish an alternative pension plan or system does not excuse the employer from the adherence to the remainder of the termination of affiliation provisions of this part 3.

C.R.S. § 24-51-319

Amended by 2018 Ch. 370, § 10, eff. 6/4/2018.

L. 88: Entire section added, p. 967, § 1, effective April 28. L. 2018: Entire section amended, (SB 18-200), ch. 370, p. 2241, § 10, effective June 4.

For the legislative declaration in SB 18-200, see section 1 of chapter 370, Session Laws of Colorado 2018.