PERAC Memo #21 - 2018: Mandatory Retirement Board Member Training – 3rd Quarter 2018
Mandatory Retirement Board Member Training – 3rd Quarter 2018
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This memo outlines Q3 2018 mandatory training sessions including How to be an Effective Board Member (Inspector General, Clark University), Conflict of Interest (Ethics Commission), a PERAC Administrators Meeting in Northampton, the Emerging Issues Forum at Holy Cross, a Vernava implementation session, and actuarial topics. Board members register through PROSPER for PERAC sessions and must submit affidavits or certificates to receive credit.
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 2018
DATE: July 11, 2018
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.
Upcoming events and locations include:
July 25, 2018 — How to be an Effective Board Member — Clark University — Register at www.mass.gov/ig/ July 26, 2018 — Conflict of Interest — Ethics Commission — Call 617-371-9500 or email David.Giannotti@state.ma.us August 16, 2018 — Administrators Meeting — Northampton — PROSPER September 13, 2018 — PERAC Emerging Issues Forum — Holy Cross College — Eventbrite September 20, 2018 — Vernava — PERAC — PROSPER September 27, 2018 — Conflict of Interest — Ethics Commission — Call 617-371-9500 or email David.Giannotti@state.ma.us September 27, 2018 — Smoothing, Spiking and Other Actuarial Mysteries — PERAC — PROSPER
The Commission will grant credits for NCPERS, NCTR, IFB, PRIM, GFOA, ASPPA, and other approved organizations (3 credits each). Boards may also request advance approval for other relevant webinars and conferences.