reglab/housing_qa huggingface dataset:
CO Code § 31-30.5-704 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 30.5 - Fire - Police - Old Hire Pension Plans|Part 7 - Disability and Survivor Benefits|§ 31-30.5-704. Police Officers' Old Hire Pension Plans - Municipalities of at Least One Hundred Thousand in Population

  If any old hire member of the police department in a municipality having a population of at least one hundred thousand, while in the performance of the member's duty, becomes temporarily totally disabled, physically or mentally, for service by reason of service in such department, the board shall order the payment to such disabled member, monthly during such disability but not to exceed one year, from the old hire pension fund, a sum equal to the monthly compensation allowed such member as salary at the date of the member's disability if such member is paid no salary as such member. If any old hire member of the police department, while in the performance of the member's duty, becomes mentally or physically permanently disabled by reason of service in such department so as to render necessary the member's retirement from service in such department, the board shall retire such disabled member from service in such department. No such retirement on account of disability shall occur unless said member has contracted said disability while in the service of said police department.    Upon retirement the board shall order the payment to such disabled member from the old hire pension fund a sum equal to one-half the monthly compensation allowed to such the member as salary at the date of the member's retirement. If any old hire member of the police department in a municipality having a population of at least one hundred thousand, while in the performance of the member's duty, is killed, dies as a result of an injury received in the line of duty or of any disease contracted by reason of the member's occupation, dies from any cause whatever as the result of the member's services in said department, or dies while in the service or on the retired list from any cause and leaves a surviving spouse or a dependent child under sixteen years surviving or, if unmarried, leaves a dependent parent surviving, the board shall direct the payment from the fund, monthly, to such surviving spouse, while unmarried, of thirty dollars, and for each child, while unmarried, until the child reaches the age of sixteen years, six dollars, and to the dependent parent, if such member was unmarried, thirty dollars. The pension to the dependent parent or both shall be paid as follows: If the father is dead, the mother shall receive the entire thirty dollars, and if the mother is dead, the father shall receive the entire thirty dollars, and if both are living, each shall receive fifteen dollars.     History. Source: L. 96: Entire article added with relocations, p. 886, § 1, effective May 23.    Editor's note:   This section was formerly numbered as § 31-30-608 .
CO Code § 31-30.5-802 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 30.5 - Fire - Police - Old Hire Pension Plans|Part 8 - Exempt Plans|§ 31-30.5-802. Exempt Money Purchase Plan Option

  Any employer that has not elected to affiliate with the fire and police pension association relating to an old hire plan established pursuant to this article may offer to the active old hire members of such plan the option of converting to a money purchase plan.    Such option shall be available on an individual basis such that any member desiring to remain in the current defined benefit plan may do so.    The money purchase plan offered may be a new plan established by the employer or an existing plan maintained for the benefit of other members employed in the same department.    Any such money purchase plan shall be exempt from all provisions of parts 3 to 7 of this article.    The option may be offered only if approved by at least sixty-five percent of all active old hire members. If approved, a deadline shall be set for electing between the current plan and the money purchase plan. Prior to said deadline, the employer shall provide to each active old hire member a disclosure statement describing the differences between the current plan and the money purchase plan and a statement as to the minimum beginning account balance for such employee in the event of conversion to a money purchase plan.    If any active old hire member elects to remain in the current plan, the employer shall continue to fund such plan on an actuarially sound basis with any unfunded liability being amortized over a period not to exceed twenty years after January 1, 1989.    Within ninety days after the election is made by each active old hire member, the employer shall make the final determination as to whether to adopt such option and shall be under no obligation to do so. In the event that the employer determines that the option will not be adopted at that time, the employer may reoffer the option at a later date in accordance with the provisions contained in this section.    No such option may be adopted which, in its application, would adversely affect the pension benefits of retired old hire members.    Nothing in this section shall be construed to prohibit an election by an employer to affiliate its local plan with the fire and police pension association after said employer has adopted a money purchase plan option pursuant to this section. Any such affiliation shall be governed by the provisions of section 31-31-701.     History. Source: L. 96: Entire article added with relocations, p. 890, § 1, effective May 23.    Editor's note:   This section was formerly numbered as § 31-30-1003.3 .
CO Code § 31-30.5-803 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 30.5 - Fire - Police - Old Hire Pension Plans|Part 8 - Exempt Plans|§ 31-30.5-803. Investment Authority

  Except as provided in subsection (2) of this section, moneys of exempt alternative plans that are not affiliated with the fire and police pension association under section 31-31-706 may be managed and invested by the trustees of such plans pursuant to the standard and other provisions for trustees set forth in the “Colorado Uniform Prudent Investor Act”, article 1.1 of title 15, C.R.S. Such investments shall be audited at least biennially.      (Deleted by amendment,L. 97, p. 10, § 2, effective March 13, 1997.)    The trustees of an exempt alternative plan may allow a participant to exercise control of the investment of the participant's accrued benefit under the plan, subject to the following requirements:   The trustees shall select at least three investment alternatives, each of which is diversified in itself, that allow the participant a broad range of investments and a meaningful choice between risk and return in the investment of the participant's accrued benefit;    The trustees shall allow the participant to change investments at least once each calendar quarter; and    The trustees shall provide the participant with information describing the investment alternatives and the nature, investment performance, fees, and expenses of the investment alternatives and other information to enable a participant to make informed investment decisions.       Neither the state nor local governments shall be held responsible to pay for any or all financial losses experienced by participants of the exempt alternative plan; except that nothing in this section relieves a local government's responsibility as a trustee to the plan.         History. Source: L. 96: Entire article added with relocations, p. 892, § 1, effective May 23. L. 97: Entire section amended, p. 10, § 2, effective March 13. L. 2004: (1) amended, p. 1204, § 74, effective August 4. L. 2010: (1) amended,(SB 10-024), ch. 20, p. 90, § 3, effective August 11.    Editor's note:   This section was formerly numbered as § 31-30-1012 (8) .   ANNOTATION   Annotator's note. Since § 31-30.5-803 is similar to § 31-30-1012 as it existed prior to the 1996 amendment that relocated parts 3 through 10 of article 30, a relevant case construing the provisions of that section has been included in the annotations to this section.   As trustee of the fire and police members' benefit fund, fund's administrative board must, as a matter of law, insure that beneficiaries of the fund receive the appropriate level of benefits provided by the local plan and, if necessary, investigate what benefits are “appropriate”. Pueblo v. Fire and Police Pension Ass'n, 827 P.2d 597 (Colo. App. 1992).
CO Code § 31-31-203 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 2 - Administration|§ 31-31-203. Fund Not Subject to Levy

 Except for assignments for child support debt pursuant to section 14-14-104 , C.R.S., child support arrearages as requested as part of an enforcement action under article 5 of title 14, C.R.S., or child support arrearages that are the subject of enforcement services provided under section 26-13-106 , C.R.S., for income assignments for child support purposes pursuant to section 14-14-111.5 , C.R.S., for writs of garnishment that are the result of a judgment taken for arrearages for child support or for child support debt, for payments made in compliance with a properly executed court order approving a written agreement entered into pursuant to section 14-10-113 (6) , C.R.S., and for restitution that is required to be paid for the theft, embezzlement, misappropriation, or wrongful conversion of public property or in the event of a judgment for a willful and intentional violation of fiduciary duties pursuant to this article where the offender or a related party received direct financial gain, no portion of the funds created pursuant to sections 31-31-204 (4) , 31-31-502 , 31-31-701 (6) , 31-31-706 (1) , 31-31-813 (1) , and 31-31-901 (3) , before or after their order for distribution by the board to the persons entitled thereto, shall be held, seized, taken, subjected to, detained, or levied on by virtue of any attachment, execution, injunction, writ, interlocutory or other order or decree, or process or proceeding whatsoever issued out of or by any court of this state for the payment or satisfaction, in whole or in part, of any debt, damage, claim, demand, or judgment against the fire and police pension association or employers that belong to such association or the beneficiary of such funds. The funds shall be held and distributed for the purpose of this article and for no other purpose whatsoever.   History. Source: L. 96: Entire article added with relocations, p. 898, § 1, effective May 23; entire section amended, p. 627, § 46, effective July 1; entire section amended, p. 1464, § 14, effective January 1, 1997. L. 2005: Entire section amended, p. 76, § 13, effective August 8. L. 2006: Entire section amended, p. 183, § 9, effective March 31. L. 2010: Entire section amended,(SB 10-024), ch. 20, p. 90, § 4, effective August 11.    Editor's note:   Amendments to this section by Senate Bill 96-002 and Senate Bill 96-204 were harmonized.
CO Code § 31-31-407 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 4 - Statewide Defined Benefit Plan|§ 31-31-407. Adjustment of Benefits

  The benefits payable under the statewide defined benefit plan established by this part 4 may be redetermined effective October 1 each year. If such benefits are redetermined, such redetermined amount shall be payable for the following twelve months. To be eligible for redetermination, such benefits shall have been paid for at least twelve calendar months prior to the effective date of redetermination. Any redetermination of benefits made pursuant to this section shall be in lieu of any other annual cost of living adjustment.       (Deleted by amendment,L. 2008, p. 13, § 1, effective August 5, 2008.)    The cost of the adjustment of benefits provided by this section shall be funded in the same manner as other defined benefits established by this part 4.      Effective October 1, 2008, and each year thereafter, any redetermination of benefits made pursuant to subsection (1) of this section shall be determined by the board in its discretion as a fiduciary of the statewide defined benefit plan after considering the funding level of the plan, the cost of such increase, whether the increase creates an adverse actuarial impact on the plan's ability to fund future benefits, and any other factors the board deems appropriate. The redetermined benefits shall not exceed the greater of:   One hundred three percent of the benefits paid for the prior twelve-month period; or    The benefits paid during the prior twelve-month period multiplied by a fraction using the consumer price index for the immediately preceding calendar year as the numerator and the consumer price index for the calendar year prior to the immediately preceding calendar year as the denominator.       As used in subparagraph (II) of paragraph (a) of this subsection (5), the term “consumer price index” means the national consumer price index for urban wage earners and clerical workers prepared by the United States department of labor.         History. Source: L. 96: Entire article added with relocations, p. 910, § 1, effective May 23; (2) amended, p. 1340, § 3, effective June 1. L. 2002: (1), (2), and (4) amended, p. 173, § 2, effective October 1. L. 2008: (1), (2), and (3) amended and (5) added, p. 13, § 1, effective August 5.    Editor's note:   This section was formerly numbered as § 31-30-1010 .
CO Code § 31-31-411 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 4 - Statewide Defined Benefit Plan|§ 31-31-411. Return to Work by Participating Member After Retirement - Rules

  The board may, in its discretion, adopt rules suspending the benefits of a member who participates in the defined benefit system, separates from service, elects a retirement, and subsequently returns to work with an employer who participates in the defined benefit system. Such rules shall indicate whether the member shall earn additional service credit as determined by the plan in which the subsequent employer participates and whether the benefit distribution shall resume at such time as the member subsequently separates from service.    Notwithstanding subsection (1) of this section, the board may adopt rules that allow a member who has reached normal retirement age and who has separated from service, elected a retirement under the defined benefit system, and subsequently returned to work with an employer who provides benefits under the defined benefit system to:   Continue receiving distribution of the member's retirement benefits; and    Earn additional retirement benefits in an alternate money purchase plan.       Prior to the adoption of any rules promulgated pursuant to subsection (2) of this section, the board shall make a finding that such rules are in compliance with section 31-31-204 (3), and that there will be no adverse actuarial impact to the defined benefit system as a result of the implementation of such rules.     History. Source: L. 2010: Entire section added, (SB 10-023), ch. 19, p. 87, § 1, effective August 11.
CO Code § 31-31-602 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 6 - Withdrawn Local Alternative Pension Plan|§ 31-31-602. Withdrawn Local Alternative Pension Plans - Investment Authority

  Except as provided in subsection (2) of this section, any locally administered and financed alternative pension plan fund established pursuant to this part 6 may be managed and invested by the trustees of such plan pursuant to the standard and other provisions for trustees set forth in the “Colorado Uniform Prudent Investor Act”, article 1.1 of title 15, C.R.S. Such investments shall be audited at least biennially.    The trustees of a locally administered and financed alternative plan may allow a participant to exercise control of the investment of the participant's accrued benefit under the plan, subject to the following requirements:   The trustees shall select at least three investment alternatives, each of which is diversified in itself, that allow the participant a broad range of investments and a meaningful choice between risk and return in the investment of the participant's accrued benefit;    The trustees shall allow the participant to change investments at least once each calendar quarter; and    The trustees shall provide the participant with information describing the investment alternatives and the nature, investment performance, fees, and expenses of the investment alternatives and other information to enable a participant to make informed investment decisions.        History. Source: L. 96: Entire article added with relocations, p. 921, § 1, effective May 23. L. 97: Entire section amended, p. 14, § 5, effective March 13. L. 2004: (1) amended, p. 1204, § 76, effective August 4.
CO Code § 31-31-704 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 7 - Affiliation of Plans With the Association|§ 31-31-704. Optional Affiliation by Social Security Employers

  Prior to January 1, 2007, and notwithstanding the exemption provided in section 31-31-401 (1)(a), any employer that covers members under the federal “Social Security Act”, as amended, or any county that covers salaried employees whose duties are directly involved with the provision of law enforcement or fire protection, as certified by the county under the federal “Social Security Act”, as amended, may have elected affiliation with the association, either as to coverage under the statewide death and disability plan or as to retirement under the statewide defined benefit plan, or as to both, by filing with the board a resolution of the governing body of such employer, but any such affiliation shall either exclude past service credit or include past service credit funded by contribution levels established by the board. (1.5) to (4)(Deleted by amendment, L. 2012.)     (5) Benefits provided pursuant to the statewide defined benefit and statewide death and disability plans established by this article to members of employers that have affiliated pursuant to this section prior to January 1, 2007, shall be reduced by the pro rata amount of any social security benefit received by the member attributable to the member's quarters of social security coverage derived from employment as a member.   (6) to (10)(Deleted by amendment, L. 2012.)   History. Source: L. 96: Entire article added with relocations, p. 924, § 1, effective May 23. L. 2003: (1) and (3) amended and (1.5) and (3.5) added, p. 1232, § 4, effective August 6. L. 2006: (2) amended and (9) and (10) added, p. 101, § 2, effective March 27. L. 2012: Entire section amended,(HB 12-1018), ch. 24, p. 62, § 1, effective August 8.    Editor's note:   This section was formerly numbered as § 31-30-1003.5 .   Cross references:   For the federal “Social Security Act”, see 42 U.S.C. sec. 301 et seq. For the “Internal Revenue Code of 1986”, see title 26 of the United States Code.
CO Code § 31-31-704.7 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 7 - Affiliation of Plans With the Association|§ 31-31-704.7. Participation in Statewide Death and Disability Plan

  Any employer participating in the social security supplemental plan created pursuant to section 31-31-704.6 may not elect coverage under the statewide death and disability plan.    (Deleted by amendment, L. 2020.)     History. Source: L. 2012: Entire section added, (HB 12-1018), ch. 24, p. 64, § 3, effective August 8. L. 2015: Entire section amended, (SB 15-028), ch. 10, p. 24, § 2, effective August 5. L. 2020: Entire section amended, (HB 20-1044), ch. 105, p. 411, § 8, effective September 14.
CO Code § 31-31-706 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 7 - Affiliation of Plans With the Association|§ 31-31-706. Affiliation by Exempt Defined Benefit Pension Plans

  At the request of any local employer having an exempt defined benefit pension plan, the board is authorized to make an agreement with the employer's governing body to manage such employer's exempt defined benefit pension plan fund for investment.      As an alternative to affiliation for investment management pursuant to subsection (1) of this section, at the request of any local employer having an exempt defined benefit pension plan, the board is authorized to make an agreement with the employer's governing body to incorporate the exempt defined benefit pension plan into the defined benefit system. The incorporation shall be under terms and conditions that are mutually agreeable to the employer's governing body and the board and as may be required to maintain the qualified status of the plan under the federal “Internal Revenue Code of 1986”, as amended.    Prior to the implementation of an agreement of incorporation pursuant to paragraph (a) of this subsection (2), the board shall find that the incorporation is not projected to have an adverse actuarial impact on existing members of the defined benefit system. The board and the employer's governing body are authorized to take all actions necessary to accomplish the agreement and to maintain the qualified status of the formerly exempt defined benefit pension plan after incorporation into the defined benefit system. Notwithstanding any other requirement, an exempt defined benefit pension plan may be incorporated into the defined benefit system without the approval of the members of the exempt plan or the statewide plan.    The board may require that employees hired by the local employer with the formerly exempt defined benefit pension plan after the date of incorporation pursuant to this subsection (2) be members of the statewide defined benefit plan pursuant to part 4 of this article.         History. Source: L. 96: Entire article added with relocations, p. 926, § 1, effective May 23. L. 2005: Entire section amended, p. 309, § 1, effective April 14. L. 2006: (2)(a) and (2)(b) amended, p. 196, § 22, effective March 31.    Cross references:   For the “Internal Revenue Code of 1986”, see title 26 of the United States Code.
CO Code § 31-31-707 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 7 - Affiliation of Plans With the Association|§ 31-31-707. Multiple Plan Employers

 An employer with multiple plans may exercise its options of affiliation and withdrawal pursuant to this article on an individual plan basis.   History. Source: L. 2001: Entire section added, p. 420, § 8, effective June 1.
CO Code § 31-31-708 (2021)
2021 Colorado Code|Title 31 - Government - Municipal|Article 31 - Fire - Police - New Hire Pension Plans|Part 7 - Affiliation of Plans With the Association|§ 31-31-708. Optional Affiliation by County Sheriff

 Any county that does not cover, under the federal “Social Security Act”, as amended, salaried employees whose duties are directly involved with the provision of law enforcement or fire protection as certified by the county may elect coverage under the statewide defined benefit plan established in part 4 of this article 31 and the statewide death and disability plan established in part 8 of this article 31 by filing a resolution of affiliation with the board. Election of coverage under the plan is irrevocable. Such participation shall be as provided by rules adopted by the board. The board may determine a continuing rate of contribution for all members who are active on the effective date of coverage to fund benefits as may be necessary to ensure that the affiliating employers' coverage shall not have an adverse financial impact on the actuarial soundness of the plan.   History. Source: L. 2016: Entire section added, (HB 16-1038), ch. 65, p. 168, § 1, effective August 10. L. 2020: Entire section amended, (HB 20-1044), ch. 105, p. 411, § 9, effective September 14.