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