Section 2-2-307, C.R.S., governs the salaries of the members of the General Assembly. Members of the General Assembly receive the same salary each year of their term, unless an exception is made in statute. Member salaries are adjusted at the beginning of each term to equal 25 percent of a county judge's salary during the first year of the term. Senators serve four-year terms, while members of the House of Representatives serve two-year terms. State law requires salaries to be paid in twelve equal monthly amounts. Therefore, members receive a full month salary in January at the beginning of their term, and their last month of salary in December at the end of their term. Health care and other benefits end on December 31 immediately before the end of their term.
73rd General Assembly -- 2021 and 2022 salaries. Table 1 summarizes legislator salaries for calendar years 2021 and 2022. During calendar year 2021, all members of the General Assembly received $40,242 annually payable in twelve equal monthly amounts. In calendar year 2022, all members of the General Assembly whose terms began on the first day of the legislative session in January of 2021 receive $41,449 annually. All members whose terms began prior to January 2021 receive $40,242 annually.
TABLE 1. THE 73RD GENERAL ASSEMBLY | |||
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2021 Salary
All Members
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2022 Salaries |
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Start of Term
Annual Amount
Monthly Rate
|
Not Applicable
$40,242.00
$3,353.50
|
Prior to 2021
$40,242.00
$3,353.50
|
January 2021
$41,449.00
$3,454.08
|
74th General Assembly -- 2023 and 2024 salaries. Table 2 shows legislator salaries for calendar years 2023 and 2024. Senators whose terms began prior to January 2023 will receive $41,449 annually. Senators whose terms begin on the first day of the legislative session in January of 2023 and all members of the House will receive $43,977 annually.
TABLE 2. THE 74TH GENERAL ASSEMBLY | ||
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Annual Salary, 2023 and 2024
|
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Start of Term
Annual Amount
Monthly Rate
|
Prior to 2023*
$41,449.00
$3,454.08
|
January 2023**
$43,977.00
$3,664.75
|