Colo. Rev. Stat. § 29-5-404
Authority of the trust - rules
Colorado · Colorado Revised Statutes Title 29 — Government - Local · Status: effective
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- Citation
- Colo. Rev. Stat. § 29-5-404, Authority of the trust - rules, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2309548
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Full text
(1) In addition to any authority given to the trust, the trust has the authority to:
(a) Create a program description to further define or modify, but not decrease, the benefits of this part 4;
(b) Modify the contribution rates, benefit levels, including the maximum amount, consistent with subsection (1)(a) of this section, and structure of the benefits based on actuarial recommendations and with input from a committee of the trust consisting of representatives from labor, management, volunteer, and trust administration; and
(c) Adopt rules and procedures for the administration of the trust.