PERAC Memo #30 - 2017: Mandatory Retirement Board Member Training – 4th Quarter 2017
Mandatory Retirement Board Member Training – 4th Quarter 2017
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This memo lists 4th quarter 2017 mandatory training opportunities for retirement board members, including MACRS fall conference sessions in Springfield (Legal Panel, RFPs/Veterans Buy Back/5th Member Selection), Board Administrator training sessions in Hyannis and Danvers, and PERAC-sponsored sessions on Investment Fees (November 16 and December 28). New Bedford retirement board members may attend three free sessions on Roberts Rules, Open Meeting Law, and Conflict of Interest Law sponsored by the City Solicitor's Office.
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 – 4th Quarter 2017
DATE: September 28, 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 sixth 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.
Participation Confirmation
All certificates (if provided) and / or affidavits must now be submitted through PROSPER.
Upcoming events and locations include:
Date | Topic | Location | Registration October 2, 2017 | Legal Panel | MACRS Springfield | MACRS October 4, 2017 | RFP's; Veterans Buy Back; 5th Member Selection | MACRS Springfield | MACRS October 17, 2017 | Administrators Training | DoubleTree by Hilton, Hyannis | Rose Morrison October 23, 2017 | Roberts Rules & Public Records | Normandin Middle School, New Bedford | Lisa Presby October 30, 2017 | Open Meeting Law | Normandin Middle School, New Bedford | Lisa Presby November 6, 2017 | Conflict of Interest Law | Normandin Middle School, New Bedford | Lisa Presby November 14, 2017| Administrators Training | Danvers Retirement Board | Rose Morrison November 16, 2017| Investment Fees | PERAC | PROSPER December 28, 2017| Investment Fees | PERAC | PROSPER
MACRS October Conference (Six Credits):
Monday, October 2, 2017 – Board members attending the Legal Panel Session will be awarded three credits. Wednesday October 4, 2017 – PERAC will conduct sessions ("RFP's"; "Veterans Buy Back", and "5th Member Selection") – Three Credits.
Investment Fees (Three Credits):
Thursday, November 16, 2017 at 11:00 AM at the PERAC Offices, 5 Middlesex Avenue, 3rd Floor, Somerville, MA (register through PROSPER) Thursday, December 28, 2017 at 11:00 AM at the PERAC Offices (snow date December 29, 2017)
Board Administrator's Training (Three Credits for Board Members):
Tuesday, October 17, 2017 at 8:00 AM at the DoubleTree by Hilton Cape Cod, 287 Iyannough Road, Hyannis, MA Tuesday, November 14, 2017 at 8:00 AM at the Danvers Retirement Board, Town Hall, 1 Sylvan Street, Danvers, MA
2017 PRIM Investors' Conference (Three Credits):
Thursday, November 9, 2017 at the College of the Holy Cross in Worcester. Registration begins at 8:15 AM. Register at Eventbrite or email fdaniele@mapension.com by November 1st.
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.