In 2018, the FPPA Board of Directors created a task force to study the statewide plans managed by FPPA. The Statewide Plans Task Force convened 11 times over several months to review possible changes meant to improve the health and longevity of the statewide plans, as well as improve benefits for our members.
To that end, at the task force’s conclusion, the group recommended that the Board pursue several proposals in the upcoming legislative session. Then, in September 2019, the Board officially directed FPPA staff to draft legislation containing those proposed statute changes.
FPPA, overseen by our board, believes the legislation described on this website is the most effective way to address the unique challenges that we currently face, and to position the plans for success moving forward. We believe this measure will not only protect the plans, keeping them financially secure, but also provide lasting, meaningful benefits for the first responders of Colorado.
This legislation affects individual FPPA plans as indicated. Click the links below to learn more about the individual provisions, or read the full bill text here.
Increases employer contributions for each member by 4% over an 8 year periodLEARN MORE
Creates a so-called Rule of 80—providing for a normal retirement as early as age 50, if a member's combined years of service and age equals 80—by increasing employer contributions by 1% over 2 yearsLEARN MORE
Converts existing SRAs to member-owned, self-directed defined contribution accounts; removes existing safeguardsLEARN MORE
Increases Board's ability to adjust plan contributions by up to 0.2% every yearLEARN MORE
Allows the FPPA Board to set contribution policies for affiliated Old Hire Fire and Police plans as they wind downLEARN MORE
Colorado Professional Fire Fighters
Colorado Police Protective Association
Special Districts Association of Colorado
Colorado State Fire Chiefs
Denver Police Protective Association
Forward with FPPA provides information and resources for FPPA members, stakeholders and the public regarding the future of the Fire & Police Pension Association of Colorado.GET IN TOUCH
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