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CO HB1144
Bill
Status
Failed
2/23/2023
Primary Sponsor
Regina English
Click for details
AI Summary
- Defines "remarriage" as a subsequent marriage or civil union by an ex-spouse after termination of the original marriage or civil union
- Requires written agreements dividing PERA defined benefit plan payments to specify that an ex-spouse's payment rights terminate 30 days after remarriage for divorce cases filed on or after January 1, 2024, or prior cases without a final PERA benefits order
- Mandates the ex-spouse notify PERA within 30 days of remarriage using a notarized affidavit or marriage certificate containing name, signature, address, social security number, and remarriage date
- Establishes that the ex-spouse is responsible for repaying any PERA payments received more than 30 days after remarriage, and PERA has no liability for such payments
- Takes effect 90 days after final adjournment of the general assembly, subject to referendum petition and potential voter approval in November 2024
Legislative Description
Public Employees' Retirement Association Defined Benefit Plan Payments To Ex-spouse
Last Action
House Committee on Finance Postpone Indefinitely
2/23/2023
Committee Referrals
Finance1/31/2023
Full Bill Text
No bill text available