Social security component minimum contributions

C.R.S. § 31-31.5-302
in effect
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31-31.5-302. Social security component minimum contributions. (1) This component covers the members of those employers that have elected coverage under the plan pursuant to section 31-31-704.5. (2) Each member shall make contributions at one-half of the member contribution rate established for the defined benefit component in section 31-31.5-301 by deduction from the salary paid to the member. For each member, the employer shall pay one-half of the employer contribution rate established for the defined benefit component in section 31-31.5-301 including any allocation made to the money purchase component made pursuant to section 31-31.5-301 (3).
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-31.docx#31-31.5-302Fetched: 10/6/2026

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