C.R.S. § 24-51-906

(1) In accordance with the provisions of this part 9, if a member met the age and service credit requirements for service retirement as of the date of death, pursuant to the provisions of section 24-51-602 or 24-51-604 , survivor benefits or a single payment shall be payable in the following order: (a) To the cobeneficiary; (b) To the surviving spouse of the member if no cobeneficiary specified in paragraph (a) of this subsection (1) exists; (c) To qualified children if none of the persons specified in paragraphs (a) and (b) of this subsection (1) exist; (d) To dependent parents if none of the persons specified in paragraphs (a) to (c) of this subsection (1) exist; (e) To the named beneficiary if none of the persons specified in paragraphs (a) to (d) of this subsection (1) exist; (f) To the estate of the deceased member if none of the persons specified in paragraphs (a) to (e) of this subsection (1) exist.