Date: | 03/28/2024 |
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Referenced Sources: | PERAC Website |
PERAC Memo #11, 2024
Date: | 03/28/2024 |
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Referenced Sources: | PERAC Website |
PERAC Memo #11, 2024
TO: All Retirement Boards
FROM: Bill Keefe, Executive Director
RE: Mandatory Retirement Board Member Training – 2nd Quarter 2024
DATE: March 28, 2024
Chapter 32 mandates retirement board members to complete training during each year of service on the retirement board. This requirement has two elements: 18 credits over the course of the member’s term and at least 3 credits in each year of the term. Failure to meet either of these statutory standards will prohibit the member from serving beyond the conclusion of the term for which the training requirement was not met. We urge board members to utilize the full array of training choices in order to remain eligible to serve. All classes, webinars, seminars, and conferences listed will earn three credits each, unless otherwise noted.
Ways to receive your credits:
The Commission appreciates all the retirement board members who are making a good faith effort to fulfill their duties and responsibilities. We look forward to seeing you in person at the upcoming MACRS Conference this June.
I. Training Schedule Dates (pre-registration is required)
Date | Topic/Organization | Location / Registration Information |
---|---|---|
April 11 | Open Meeting Law | Webinar |
9:30 a.m. | AGO | tinyurl.com/041124-ago |
April 24 | Boards and Commissions | Webinar |
1:00 p.m. | OIG Academy ($29.00) | tinyurl.com/042424-oig |
May 6 | Open Meeting Law | Webinar |
6:00 p.m. | AGO | tinyurl.com/050624-ago |
May 16 | Disability Basics | Webinar |
10:00 a.m. | PERAC | tinyurl.com/051624-per |
May 18-22 | NCPERS TEDS/NAF/ACE | Conference, Seattle, WA |
Cost varies, see website for more info | ncpers.org | |
May 23 | Contract Administration Overview | Webinar |
10:00 a.m. | OIG Academy ($29) | tinyurl.com/oig-contract-overview |
June 1-5 | MACRS TEDs and Spring Conference | Conference, Hyannis, MA |
PERAC/MACRS | macrs.org | |
June 4 | Chief Procurement Officer Responsibilities | Webinar |
1:00 p.m. | OIG Academy (Free) | tinyurl.com/oig-cpo |
June 12-14 | NCTR System Directors’ Meeting | Conference, New York, NY |
NCTR, see website for more info | nctr.org | |
August 3-7 | NASRA Annual Conference | Conference, Pittsburgh, PA |
NASRA, see website for more info | nasra.org/meetings |
II. Recently Added or Recurring Pre-Approved Online Training
(available on demand)
Organization | Topic | How to find webinar: |
---|---|---|
Office of the Inspector General | Inspector General Videos You must watch all three videos | mass.gov/service-details/inspector-general-educational-videos |
Office of the Attorney General | Open Meeting Law Training You must watch all six videos | go.usa.gov/xpPx5 |
National Council on Teacher Retirement | New 2024 webinar added:
| See our website for the link: mass.gov/service-details/perac-online-training |
PERAC | Cash Books & Annual Statement
| mass.gov/info-details/preparing-the-2023-annual-statement |
Links to all of the above resources can be found on PERAC’s Education page at
mass.gov/perac-education. Members can view the recordings and receive 3 educational credits by completing a Training Affidavit in PROSPER.
III. MACRS June Conference (up to nine credits)
Registration is open for the Massachusetts Association of Contributory Retirement Systems (MACRS) Spring Conference. See their website, macrs.org, to register. PERAC, in conjunction with MACRS, will be making educational opportunities available for retirement board members and staff. This year’s conference will also include the weekend Trustee Educational Seminars (TEDs) offering board members an opportunity to earn additional credits.
Conference dates: June 1-5, 2024
Location: Emerald Resort & Conference Center, Hyannis, MA
Registration: macrs.org
Per statute, nine (9) is the maximum number of credits that can be offered. The breakout will be as follows:
IV. Conflict of Interest Online Training (three credits)
The State Ethics Commission no longer offers live webinars for the Conflict of Interest Law training. With their new online training system, users must create a login to take the training and receive a certificate:
V. Other Opportunities to Obtain Educational Credit
The Commission is willing to approve other 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 or other entities…”
Additionally, the Commission has approved education credit for participating in webinars. We will entertain requests for credit in relation to relevant webinars provided that such a request is made well in advance of the session.
Approval for credit must take place well in advance of the date of the event or webinar. This will enable the Commission to analyze the program and provide a general notice to other retirement board members to maximize participation. Once approved, you must complete the Training Affidavit in PROSPER to ensure proper credit. Board members experiencing Extenuating Circumstances in meeting educational requirements should review Memo 15 of 2019 and contact PERAC with any questions.
The following list of local and national organizations provide additional educational opportunities that may be relevant for retirement board members: