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Section 24-51-1705 - Purchase of service credit relating to a refunded member contribution account and noncovered employment — Colorado Law | CourtGPT
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  8. Section 24-51-1705 - Purchase of service credit relating to a refunded member contribution account and noncovered employment
Colorado Legal Code

Section 24-51-1705 - Purchase of service credit relating to a refunded member contribution account and noncovered employment

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Purchases related to reemployment and noncovered employment for which payments are not complete prior to January 1, 2010, shall be governed by the DPS plan document. On January 1, 2010, service credit shall be credited to the member accounts to the extent of payments received, a new service credit purchase agreement shall be issued by the association using the previously existing lump-sum or installment payment amount, and future payments and service accruals shall be governed by part 5.L. 2009: Entire part added, (SB 09 -282), ch. 288, p. 1364, § 56, effective 1/1/2010.