Colorado Revised Statutes Title 24. Government State § 24-51-1509. Rights of defined contribution plan members

(1) A defined contribution plan member shall not be considered a member or a retiree for the purpose of parts 4 to 12 of this article, nor shall his or her survivors or beneficiaries be considered benefit recipients.

(2) A defined contribution plan member may participate in optional life insurance, long-term care insurance, the voluntary investment program, and the deferred compensation plan as provided in this article.

(3) A member of the defined contribution plan shall be eligible to enroll in the health care program as a benefit recipient pursuant to section 24-51-1204(1)(a) only if the member elects the lifetime annuity distribution option. Any premium subsidy paid shall be based on the years of service credit in the defined benefit plan.

(4) A member of the defined contribution plan who has reached the age at which a distribution would not be subject to a penalty pursuant to the federal “Internal Revenue Code of 1986”, as amended,  1 and who returns to employment shall be subject to the provisions of part 11 of this article concerning employment after retirement.

(5) Deleted by Laws 2009, Ch. 73, § 12, eff. March 31, 2009.