The Colorado Springs New Hire Pension Plan provides monthly lifetime pension benefits to certain members of the Colorado Springs fire and police departments. The Plan is funded by Members and the City of Colorado Springs and is divided into separate Components for fire and police.

Generally, this Plan covers Colorado Springs firefighters and police officers who were hired on or after April 8, 1978, and before October 1, 2006. Members hired after October 1, 2006 are enrolled in the Statewide Retirement Plan.

Plan Basics

Membership: 800+ active and retired first responders
Employer: The City of Colorado Springs
Funded by: Member payroll contributions, remainder paid by the city
Funding Ratio, Fire Component: 84.1%, as of 1/1/2024
Funding Ratio, Police Component: 87.7%, as of 1/1/2024