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Current as of January 01, 2025 | Updated by Findlaw Staff
In municipalities having a population of at least one hundred thousand, any old hire member of the police department who has attained the age of sixty years is entitled to a monthly pension equal to one-half the amount of the average salary said member received as a member of said department for one year before retirement. Any old hire member of the police department of such municipality having served twenty-five years or more in such police department, other than an old hire member who has arrived at the age of sixty years and retired, is entitled to a monthly pension equal to one-half the amount of the average salary said member received as a member of said department for one year before the time of retirement.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 31. Government Municipal § 31-30.5-603. Police officers' old hire pension plans--municipalities of at least one hundred thousand in population - last updated January 01, 2025 | https://codes.findlaw.com/co/title-31-government-municipal/co-rev-st-sect-31-30-5-603/
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