PERAC Memo #17 - 2017: Mandatory Retirement Board Member Training – 2nd Quarter 2017
Mandatory Retirement Board Member Training – 2nd Quarter 2017
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This memo lists 2nd quarter 2017 mandatory training opportunities for retirement board members, including sessions on Grimes and Other Cases of Interest, Domestic Relations Orders, Actuarial Assumptions, and the MACRS Annual Spring Conference in Hyannis (June 4–7, eligible for up to nine credits). Boards may also earn credits through the State Ethics Commission, Attorney General Open Meeting Law trainings, and approved online offerings from NCPC and the CFA Institute.
Full Text
M E M O R A N D U M
TO: All Retirement Boards
FROM: Joseph E. Connarton, Executive Director
RE: Mandatory Retirement Board Member Training – 2nd Quarter 2017
DATE: April 7, 2017
As you know, Chapter 32 mandates that retirement board members complete training during each year of service on the retirement board. Failure to meet this mandatory requirement will prohibit the member from serving beyond the conclusion of the term for which the training requirement was not met.
Retirement board members are reminded of the requirement to meet the statutory education mandate. As we enter the fifth year of this program it must be noted that, unfortunately, several retirement board members have become ineligible for service on retirement boards due to failure to fulfill the education mandate.
Upcoming events and locations include:
Date | Topic | Location April 13, 2017 | Grimes and Other Cases | PERAC's Somerville Office May 17, 2017 | Domestic Relations Orders | PERAC's Somerville Office May 18, 2017 | Grimes and Other Cases | Springfield Retirement Board May 24, 2017 | Grimes and Other Cases | Danvers May 25, 2017 | Actuarial Assumptions | PERAC's Somerville Office June 4-7, 2017 | MACRS Conference | Hyannis
MACRS June Conference (Nine Credits)
PERAC, in conjunction with MACRS, will be making educational opportunities available at the MACRS Annual Spring Conference June 4-7 in Hyannis. The breakout will be as follows:
Board members attending the Legal Panel Session during the main MACRS Conference will be awarded three credits – (Three Credits) Wednesday, June 7, 2017 PERAC will conduct sessions (Domestic Relations Orders, PERAC Portal, Actuarial Assumptions) – (Three Credits)
Grimes and Other Cases of Interest (Three Credits):
Thursday, April 13, 2017 at 10:00 a.m. at the PERAC Offices, 5 Middlesex Avenue, 3rd Floor, Somerville, MA Thursday May 18, 2017 at 10:00 a.m. at the Springfield Retirement Board, 70 Tapley Street, Springfield, MA Wednesday, May 24, 2017 at 10:00 a.m. at the Danvers Town Hall, Dan Toomey Room, 1 Sylvan Street, Danvers, MA
Domestic Relations Orders (Three Credits):
Wednesday, May 17, 2017 at 10:00 a.m. at the PERAC Offices, 5 Middlesex Avenue, 3rd Floor, Somerville, MA
Actuarial Assumptions (Three Credits):
Thursday, May 25, 2017 at 10:00 at the PERAC Offices, 5 Middlesex Avenue, 3rd Floor, Somerville, MA
AG Open Meeting Law Training (Three Credits):
Stoughton – Tuesday, April 25, 6:00PM-7:30PM – Stoughton Town Hall, Great Hall, 10 Pearl Street Orleans – Tuesday, May 16, 5:30PM-7:00PM – Nauset Regional Middle School Auditorium Holyoke – Tuesday, May 30, 6:00PM-7:30PM – Holyoke Senior Center, 291 Pine Street
Online: April 12, 2017 at 4:00 p.m. and May 10, 2017 at 9:30 a.m. – register at OMLTraining@state.ma.us
The Commission would be remiss if we did not thank all the rank and file members of the retirement boards who, in spite of other pressing duties, are making a good faith effort to fulfill their duties and responsibilities.