Description
Colorado state law permits the division of Colorado PERA retirement benefits through a Domestic Relations Order (DRO) in conjunction with a divorce involving a PERA member or retiree. A DRO involving a PERA member/retiree must be created in accordance with Colorado law and PERA Rules and procedures. This form must be used by the court, without changes or alterations, for the division of a PERA benefit plan and/or for modification of a prior DRO.
PERA is a 401(a) defined benefit retirement plan, sometimes called a pension plan. For most members, PERA serves as a substitute for Social Security. PERA provides benefits to you when you retire or are disabled, or to your survivors after your death.