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Gilpin County adopts voluntary retirement match programs, establishes 4-year vesting
Summary
The commissioners adopted Resolution 25-087 to create two voluntary retirement contribution programs: a 1-for-1 match for POST-certified positions and a 1-for-2 match for other 401(a)-eligible employees, and set a four-year vesting schedule; board increased the top tier match from 1.5% to 2% for employees with 13+ years.
The Gilpin County Board of Commissioners voted 3-0 to adopt Resolution 25-087, authorizing two voluntary retirement contribution programs administered through the Colorado Retirement Association (CRA), and establishing a four-year vesting schedule for county matches.
Human Resources Director Shanda Johnson presented the proposal, which creates: (1) a POST-only plan for positions requiring POST certification with a 1-to-1 employer match, and (2) a 401(a)-eligible plan for other employees with a 1-to-2 employer match structure. Johnson said the programs are…
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