PERAC Memo #5 - 2018: Mandatory Retirement Board Member Training – 1st Quarter 2018

Mandatory Retirement Board Member Training – 1st Quarter 2018

View original on mass.gov →

Summary

This memo outlines mandatory Q1 2018 training opportunities for retirement board members, reminding boards that Chapter 32 requires annual training and that failure to comply bars members from continued service. Scheduled sessions include Open Meeting Law and Conflict of Interest webinars, in-person Annual Statement and PERAC Memos sessions at multiple locations, and a range of approved online courses. Board members must register through PROSPER and submit Training Affidavits or certificates of completion 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 – 1st Quarter 2018

DATE: January 12, 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 seventh 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

January 18, 2018

Open Meeting Law

Webinar

Call 617-963-2925 or email OMLTraining@state.ma.us

January 25, 2018

Conflict of Interest

Ethics Commission

Call 617-371-9500 or email David.Giannotti@state.ma.us

February 1, 2018

Annual Statement

Middlesex

PROSPER

February 8, 2018

Annual Statement

PERAC Offices

PROSPER

February 13, 2018

Open Meeting Law

Webinar

Call 617-963-2925 or email OMLTraining@state.ma.us

February 15, 2018

PERAC Memos

PERAC Offices

PROSPER

February 22, 2018

Annual Statement

Springfield

PROSPER

March 8, 2018

PERAC Memos

Fairhaven

PROSPER

March 15, 2018

PERAC Memos

PERAC Offices

PROSPER

March 15, 2018

Open Meeting Law

Webinar

Call 617-963-2925 or email OMLTraining@state.ma.us

March 22, 2018

Conflict of Interest

Ethics Commission

Call 617-371-9500 or email David.Giannotti@state.ma.us

March 29, 2018

PERAC Memos

Milford

PROSPER

PRE-APPROVAL

The Commission is willing to approve educational credits for a variety of events sponsored by local, state, regional and national organizations recognized by the Commission as having expertise in retirement issues of importance to retirement board members. Approval for such credit must take place well in advance of the date of the event.

The Commission will grant credits for the following:

NCPERS (TEDS) – 3 Credits; NCPERS (PATS) – 3 Credits; NCTR Trustee Workshop – 3 Credits; NCTR Annual Conference – 3 Credits; International Foundation of Employee Benefit Plans (IFB) New Trustee Institute/Advanced Trustees Institute - 3 Credits; PRIM Investors' Conference – 3 Credits; Ethics Training MA Town Clerks Association – 3 Credits; Open Meeting Law – MA Association of School Committees – 3 Credits; City/Town Sponsored Conflict of Interest Training – 3 Credits; City/Town Sponsored Open Meeting Law Training – 3 Credits; National Pension Education Association – 3 Credits; NCPERS Legislative Conference (DC) – 3 Credits; NASRO – 3 Credits; GFOA – 3 Credits; NCTR Public Pension Funding Program – 3 Credits; and, American Society of Pension Professionals and Actuaries (ASPPA) Annual Conference – 3 Credits

PARTICIPATION CONFIRMATION (ON-LINE OR WEBINARS)

Please note, in order to receive educational credit retirement board members can confirm participation in the on-line or webinar offerings by completing and submitting an affidavit through the PROSPER system. In the event a certificate of completion is issued by an organization, board members must submit a copy of that certificate through the PROSPER system.