A public employee’s retirement benefit constitutes marital property that must be taken into account when property is divided in a marital dissolution in Colorado. Colorado law permits a Domestic Relations Order (DRO) to be used to divide a retirement benefit of a member of a pension plan administered by FPPA, if both parties to the dissolution can agree to a DRO. Any DRO must comply with all of Colorado’s requirements for a DRO and must comply with all of the requirements of FPPA.
Divorce is a complicated procedure and each party in a divorce should consult with their own attorney.
Members currently receiving a Statewide Death & Disability Plan benefit