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Colorado State Trooper Magazine Latest Edition: http://www.octavesabove.com/CSTMAG/CST_Fall.pdf
ACSPP PERA UP-DATE
The PERA board met on Friday, November 18, 2011, and voted on the 30 to 40 year assumed rate of return for the investments. This is an important assumption for actuaries to determine liabilities for funding of retirement funds. This factor is an important element for the math formula for determining contribution rates for employers and employees. The Board voted 8-5 Friday to keep the 8 percent rate after much debate. Four of the largest actuarial firms in the world had input into the board’s discussion. The firm Cavanaugh Macdonald Consulting, said 8 percent is an acceptable rate of return for the long haul, 30 to 40 years. This firm has had the most experience with the PERA data and has been working on these assumptions for several years now.
State Treasurer Walker Stapleton, a board member, calls the “8 percent expectations unrealistic”. PERA’s attorney, Greg Smith, explained that lowering the assumed rate of return by one-quarter of a percent would raise the contributions needed from employees and employers by $97.5 million per year. This would undermine the work done by Senate bill 1 two years ago. One of the board members, Howard Crane, said it best. “The data does not support a change at this time. The reason we are having this discussion is by and large a political problem”. Trustee Timothy O’Brien, a retired State Auditor, said he didn’t want to base his decision “just by recent history.”
The fund’s returns over the last 25 years have been 9.3 percent. The ACSPP continues to be very active in watching these developments and I appreciate your support.
Thanks,
Terry L. Campbell, ACSPP Legislative Consultant
2012 Colonel's Challenge Charity Golf Tournament
The date for the 2012 Colonel's Challenge has been announced as July 26, 2012, at Sanctuary Golf Course. For additional information please click on the "FOUNDATION" tab above and then click on the "COLONEL'S CHALLENGE" tab. This will be the 15 annual tournament that has reaised well over $1,000,000 for the Members of the ACSPP and their families. Funds are used for scholarships, hardships and most importantly, the Fallen Officers Fund.
ACSPP Board of Directors Meeting
The next scheduled Board of Directors meeting of the Association of Colorado State Patrol Professionals is Thursday, January 19, 2012 from 10:00 a.m. to 4:00 p.m. The meeting will be held in the Board room at 55 Wadsworth Blvd. in Lakewood.
State Employee Pay Progression Legislation (2011 Update)
Moving on, the ACSPP drafted a bill for the 2011 legislative session that was to be sponsored by President of the Senate, Brandon Shaffer and Governor Hickelooper's agreed to work with the ACSPP on this legislation. Unfortunately, due to a lack of state funding, and the anti state employee attitude by one of the political parties, it was decided not to move forward with the legislation this year. The ACSPP will, however, be having regular meetings with Governor Hickenlooper's office and the CDPS to develop solutions to this problem in the next year.
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Member Benefit - Mortgages:
Fidelity Blue Line Mortgage is now available to Members of the ACSPP. They only do business with Associations representing State Police, State Patrols, and Highway Patrols. They are more than competitive and make the process of getting construction loans, mortgages and re-finances very simple. Please click on one of the logos on the bottom of this page for more information. We have already had several Members utilize their services and are very satisfied with their service.
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About Us:
The Association of Colorado State Patrol Professionals (ACSPP) is a membership organization made up of employees of the Colorado State Patrol (CSP). The ACSPP was created to assist CSP employees in a variety of ways. In return for paying monthly dues, the ACSPP hires a lobbyist to work at the Colorado General Assembly for their pay, benefits and working conditions. ACSPP Members also are eligible for discounted personal insurance policies, have access to an optional Legal Defense plan, get the Colorado State Trooper magazine, receive discounts at the ACSPP Online Store, and have a death benefit.
Members also qualify for benefits from the Colorado State Patrol Family Foundation (CSPFF) including college scholarships, hardship assistance, and a college education for surviving dependants of Troopers killed in the line of duty.
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Are you an ACSPP member visiting this website for the first time? Welcome to the site! Be sure to click on "Current Members" on the left menu bar to activate your own personal ACSPP website profile. For questions or problems, call us directly at the ACSPP office at (303) 237-7439.
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Interested in becoming an ACSPP member?
Click on "Become a Member" to for all qualifications; you'll also find all paperwork that needs to be submitted. Do not hesitate to contact the ACSPP office Monday- Friday 8:30am - 5:00pm for questions, concerns, or problems at (303) 237-7439.
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Check out the ACSPP Online Store!
The ACSPP - the sole purveyor of Colorado State Patrol gear - is pleased to offer our online store to the public. Please click on the store button above. Let us know what you think and what products you'd like to see in the future. Members of the ACSPP must set up their account and log in to get the discount code for the store.
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TO ACTIVATE YOUR ACSPP WEB SITE ACCOUNT
1. Go to www.acspp.net
2. Click on “Current Members” on the left side of the page
3. In the first paragraph, click on “create a user account”
4. Enter your “Web Account Name” and “Web Account Password” (you must enter your password twice and you can use whatever you want for these two items)
5. Enter your PERSONAL email address
6. Enter your “first and last name” as it appears on the employee records
7. Use the pull down menu to put in your “Date of birth”
8. Enter your “IBM Code”
9. Click on “Submit
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Our site offers expanded information and features so you can:
Learn more about member benefits
Stay up to date with news and events
Browse our store items and make online purchases
Donate to support the Association
Our improved members area allows ACSPP members to:
Update your personal information
Locate old friends and classmates
Participate in discussions with your colleagues
Post and find special events and meet ups
Browse an Alumni Directory and Academy Class pages (in progress)
You must be an ACSPP member and have a login to the site to access these areas. (See "Current Members" for instructions for first-time log-in process.) .
Supplemental Insurance for ACSPP Members (click on the company's name below for more information):
Click here to get your $10 Gift Card* Insurance savings start here. |