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Dividing Colorado PERA Retirement Accounts Like most government retirement plans, the Colorado PERA retirement plans are unique as to the procedures which must be followed in order to divide those accounts pursuant to a divorce decree. Colorado PERA is unique because it will not accept a court order which attempts to divide a PERA acccount if more than 90 days has passed since the date of the divorce decree. Even though certain PERA restrictions and requirements may appear to be unfair, those rules and regulations have been upheld by the higher Colorado courts. In other words, the requirements and restrictions of government plans must be closely followed and respected. Otherwise, the privilege of dividing a retirement plan may be lost.
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