Colo. Rev. Stat. § 24-51-607
Benefit formula for service retirement or reduced service retirement involving direct payments
Colorado · Colorado Revised Statutes Title 24 — Government - State · Status: effective
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- Citation
- Colo. Rev. Stat. § 24-51-607, Benefit formula for service retirement or reduced service retirement involving direct payments, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2303345
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Full text
A benefit for service retirement or reduced service retirement involving direct payments made by a vested inactive member shall be the option 1 benefit for service retirement, as calculated according to the formula set forth in section 24-51-603 or 24-51-605; except that the amount of the benefit shall then be multiplied by the ratio of service credit to the service credit required for eligibility as set forth in table B in section 24-51-602 or table C in section 24-51-604, whichever is applicable.