PERAC Memo #21 - 2017: Mandatory Retirement Board Member Training – 3rd Quarter 2017
Mandatory Retirement Board Member Training – 3rd Quarter 2017
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This memo lists 3rd quarter 2017 mandatory training opportunities for retirement board members, including sessions on Actuarial Assumptions (August 24), the Thirteenth Annual Emerging Issues Forum at Holy Cross in Worcester (September 14), and Domestic Relations Orders (September 28). Online credits remain available through the State Ethics Commission conflict of interest training, Attorney General Open Meeting Law webinars, CFA Institute webcasts, and NCTR financial economics courses available on PERAC's website.
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 – 3rd Quarter 2017
DATE: July 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 | Registration Info August 24, 2017 | Actuarial Assumptions | PERAC's Somerville Office | PROSPER September 14, 2017 | Emerging Issues Forum | Worcester | Eventbrite September 28, 2017 | Domestic Relations Orders | PERAC's Somerville Office | PROSPER
Actuarial Assumptions (Three Credits):
Thursday, August 24, 2017 at 11:00 AM at the PERAC Offices, 5 Middlesex Avenue, 3rd Floor, Somerville, MA (Please register through PROSPER)
PERAC Emerging Issues Forum (Three Credits):
On Thursday, September 14, 2017 PERAC's Thirteenth Annual Emerging Issues Forum will take place at the College of the Holy Cross in Worcester. Three educational credits will be awarded to retirement board members who attend. Individuals who wish to attend the Forum must register with PERAC in advance through Eventbrite.
Domestic Relations Orders (Three Credits):
Thursday, September 28, 2017 at 10:00 AM at the PERAC Offices, 5 Middlesex Avenue, 3rd Floor, Somerville, MA (Please register through PROSPER)
ON-LINE TRAINING
State Ethics Commission On-Line Conflict of Interest Law Training (Three Credits) – www.mass.gov/ethics/
Office of the Attorney General – Open Meeting Law (Three Credits) – OMLTraining@state.ma.us
CFA Institute – Ethical Decision Making for Pension Plan Trustees (Three Credits) – www.cfainstitute.org
National Council on Teacher Retirement – Financial Economics and the Management of Public Pensions Plans: The Real Story (Three Credits) – available on PERAC's Website under Education / 2017 On-Line Training
National Council on Teacher Retirement – Financial Economics and the Management of Public Pensions Plans: Part II (Three Credits) – available on PERAC's Website
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.