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Current as of January 01, 2025 | Updated by Findlaw Staff
A benefit for service retirement or reduced service retirement involving direct payments made by a vested inactive member shall be the option 1 benefit for service retirement, as calculated according to the formula set forth in section 24-51-603 or 24-51-605; except that the amount of the benefit shall then be multiplied by the ratio of service credit to the service credit required for eligibility as set forth in table B in section 24-51-602 or table C in section 24-51-604, whichever is applicable.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 24. Government State § 24-51-607. Benefit formula for service retirement or reduced service retirement involving direct payments - last updated January 01, 2025 | https://codes.findlaw.com/co/title-24-government-state/co-rev-st-sect-24-51-607/
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