Current through the 2023 Regular Session
Section 19-9-1205 - Retirement system contributions - benefit payments to individual DROP accounts - investment returns(1) During a member's participation in the DROP, state contributions under 19-9-702, employer contributions under 19-9-703, and member contributions under 19-9-710 must continue to be made to the retirement system.(2) For each DROP participant, the board shall calculate a monthly DROP accrual and the contribution to the participant's DROP account.En. Sec. 5, Ch. 514, L. 2001; amd. Sec. 101, Ch. 429, L. 2003; amd. Sec. 24, Ch. 128, L. 2007.