19-9-1205. Retirement system contributions -- benefit payments to individual DROP accounts -- investment returns.
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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.