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SB17-020

Fire and Police Pension Association Statewide Plan Election Approval Standard

Concerning the establishment of a uniform approval standard for fire and police pension association statewide plan elections.
Session:
2017 Regular Session
Subject:
State Government
Bill Summary

Police Officers' and Firefighters' Pension Reform Commission.

Current law specifies that an employer in a statewide pension plan administered by the fire and police pension association may modify its status in the plan through a vote of the members of the plan. In some cases, a modification must be approved by 65% of the members employed by the employer, and in other cases, a modification must be approved by 65% of the members employed by the employers who vote in the election for the modification. The bill creates a uniform approval standard by requiring that any modifications be approved by 65% of the members employed by the employer who vote in the election for the plan modification.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    03/08/2017 Signed Act PDF
    03/02/2017 Final Act PDF
    02/22/2017 Rerevised PDF
    02/21/2017 Revised PDF
    01/30/2017 Reengrossed PDF
    01/27/2017 Engrossed PDF
    01/11/2017 Introduced PDF

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

Request for Proposal for the COL study. Details

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