The FPPA Employer Reporting System will offer two ways for employers to report their contributions:

1. DATA DIRECT - which allows Employers to update their data directly within the FPPA Employer Reporting System using the last reported payroll to FPPA, or 
   
   
2. FILE TRANSFER - which is to transmit a file into the FPPA Employer Reporting System.
   

We recommend that employers with 50 or more members consider using the FILE TRANSFER method. The following information will help in preparing data for file format reporting. 

Payment Schedule

	NOTICE!
	Effective January 1, 2008, all contributions to plans administered by FPPA are due ten days following the date of payment of salary to the member. Employers must submit the required contribution detail and the contributions required, in order to process the deposit.  Payments are subject to a penalty if not submitted when due at a daily rate of one-half of one percent per month on the delinquent amount.

Methods of Payment

1. Wire Transfer of Funds:  Wire transfers are the best method for payment of contributions.  With wire transactions, you will contact your bank when you want to initiate a transfer of money to FPPA.  Contact the FPPA’s Accounting Department to receive FPPA bank routing information.
   
   
2. ACH Debit Transactions:  If wire transfers are not a good option for you, an alternative is to allow FPPA to initiate an ACH debit transaction that will take the money out of your bank account and transfer it to FPPA’s account.  The difference between a wire transfer and an ACH debit transfer is that you initiate wire transfers, whereas ACH debit transfers are initiated by FPPA.  If you want to use ACH debit transactions, contact FPPA’s Accounting Department to receive an “Electronic Funds Transfer Authorization Agreement”.  Once this agreement form is completed and returned to FPPA, ACH debit transactions can begin.  Upon receipt of your contribution report through the Employer Reporting System, FPPA will setup the ACH debit transaction for the amount reported, and the money will be taken out of your bank account on the payment due date.
   
   
3. Mailing Payments to FPPA:  If you are not able to use either of the methods above , you may mail your payment(s) to the following addresses for:

FPPA pension contributions ONLY! (No 457 Deferred Compensation contributions.)

Fire and Police Pension Association of Colorado
Lockbox Department 390
Denver, CO 80291-0390



457 Deferred Compensation contributions ONLY! (No FPPA pension contributions.)

Fire and Police Pension Association of Colorado
5290 DTC Parkway, Suite 100
Greenwood Village, CO 80111

Reference Materials

• Base Salary Memo