Pension Review Commission. The bill creates a refundable
income tax credit that is available for income tax years commencing on or after January 1, 2025, but prior to January 1, 2027, for a qualifying public employees' retirement association retiree, which means a full-time Colorado resident individual who: •
Is 65 years of age or older at the end of the 2025 or 2026 income tax year; and
•
Has an annual federal adjusted gross income of no more than $38,000 as a single filer or $76,000 as a joint filer.
