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§ 31-31-5-407 — Colorado Law | CourtGPT
  1. Home/
  2. Laws/
  3. Colorado/
  4. Title 31 - Government - Municipal Corporate Class - Organization and Territory (§§ 31-1-101 — 31-4-507)/
  5. Powers and Functions of Cities and Towns/
  6. Article 31.5 - Fire and Police Pension Association of Colorado Statewide Retirement Plan/
  7. Part 4 - Benefits in the Lifetime Benefit Components/
  8. § 31-31-5-407
Colorado Legal Code

§ 31-31-5-407

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(1) If the total amount of pension benefits paid under the lifetime benefit component as provided in this article 31.5 at the time of death is less than the amount of the members' contributions to the lifetime benefit component, the difference shall be paid to: (a) The member's estate, if no pension payment was made pursuant to an option under section 31-31.5-406; or(b) The survivor's estate, if pension payments were made pursuant to an option under section 31-31.5-406.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).