§ 31-31-5-302

(1) This component covers the members of those employers that have elected coverage under the plan pursuant to section 31-31-704.5.(2) Each member shall make contributions at one-half of the member contribution rate established for the defined benefit component in section 31-31.5-301 by deduction from the salary paid to the member. For each member, the employer shall pay one-half of the employer contribution rate established for the defined benefit component in section 31-31.5-301 including any allocation made to the money purchase component made pursuant to section 31-31.5-301 (3).Added by 2022 Ch. 61, § 1, eff. 8/10/2022. 2022 Ch. 61, was passed without a safety clause. See Colo. Const. art. V, § 1(3).