National Peace Officers and Fire Fighters Benefit Association
NPFBA is a non-profit benefit trust jointly sponsored by California Law Enforcement (CLEA) and California Association of Professional Firefighters (CAPF). CLEA and CAPF have provided quality Long Term Disability coverage to law enforcement and fire service personnel since 1985.
In 1999, CLEA and CAPF established NPFBA to provide quality, affordable long-term care benefits to law enforcement and fire service personnel and spouses.
NPFBA is managed by a Board of Trustees from CLEA and CAPF.
NPFBA is a non-profit, mutual benefit trust, established and operated under Certificates of Authority issued by the CA Dept. of Insurance. NPFBA complies with the requirements of the California Insurance Code governing benefit and relief associations for peace officers and firefighters, as well as the applicable requirements of the Internal Revenue Code and the Employee Retirement Income Security Act of 1974, as amended. All NPFBA funds (over $102 million as of 2018) are dedicated to its non-profit purposes and the investment of its funds is actively managed by Wells Fargo Advisors, one of the nation’s most respected investment and consulting firms. The investments are conducted under the guidance and on-going review of the NPFBA Trustees and pursuant to the NPFBA Investment Policy document that sets out NPFBA’s investment objectives and guidelines. The assets of NPFBA are held in stocks and bonds, cash and cash equivalents, and other investments with the goal of providing long-term growth and protection.
• Established in 1999
• Over 12,000 Plan Participants
• Over $102 million in assets
• Average policy issue age – 42
• Average monthly cost to Participant – $69