Date: | 06/27/2024 |
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Referenced Sources: | PERAC Website |
PERAC Memo #17 2024
Date: | 06/27/2024 |
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Referenced Sources: | PERAC Website |
PERAC Memo #17 2024
M E M O R A N D U M
TO: All Retirement Boards
FROM: Bill Keefe, Executive Director
RE: Mandatory Retirement Board Member Training – 3rd Quarter, 2024
DATE: June 27, 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. Please note the NEW location for this year’s Emerging Issues Forum in Westborough, our continued collaboration with the Office of the Inspector General, and the launch of this year’s New Administrator Training series in August. Have a safe and enjoyable summer and we hope to see you at the Forum!
I. Training Schedule Dates (pre-registration is required)
Date/Time | Topic/Organization | Location/Registration |
---|---|---|
July 16 | Emergency Procurement | Webinar, $29 |
10:00 a.m. | Office of the Inspector General (OIG) Academy | tinyurl.com/07-16-24-OIG |
July 16 | Open Meeting Law | Webinar |
1:00 p.m. | Attorney General’s Office (AGO) | tinyurl.com/07-16-24-AGO |
July 18 | Fiduciary Duty & Fraud Awareness | Webinar |
10:00 a.m. | OIG/PERAC | tinyurl.com/07-18-24-OIG |
July 21-24 | NCTR Trustee Workshop | Conference, Berkeley, CA |
National Council on Teacher Retirement (NCTR) | nctr.org/ | |
August 3-7 | NASRA Annual Conference | Conference, Pittsburgh, PA |
National Association of State Retirement Administrators (NASRA) | nasra.org/meetings | |
August 8 | Open Meeting Law | Webinar |
12:00 p.m. | AGO | tinyurl.com/08-08-24-AGO |
August 19-20 | NCPERS Public Pension Funding Forum | Conference, Boston, MA |
National Conference on Public Employee Retirement Systems (NCPERS) | ncpers.org/education | |
August 21 | PERAC New Administrator Training[1] | Training, Northampton, MA |
8:00 a.m. | One-day, in-person training for new staff | prosper.perac.state.ma.us/ |
August 28 | Contract Administration Overview | Webinar, $29 |
10:00 a.m. | OIG Academy | tinyurl.com/08-28-24-OIG |
September 18 | PERAC Emerging Issues Forum | Westborough, MA |
9:00 a.m. | Registration opens July 8 | |
September 24-26 | NCPERS Public Pension HR Summit | Conference, Denver, CO |
ncpers.org/education | ||
October 4-9 | NCTR 102nd Conference | Conference, Atlanta, GA |
nctr.org/ | ||
October 12-16 | NPEA Annual Conference | Conference, Greenville, SC |
National Pension Education Association (NPEA) | npea.com/annual-conference/ | |
October 26-27 | NCPERS Accredited Fiduciary Program (NAF) & Advanced Trustee Studies (PATS) | Conference, Palm Springs, CA |
ncpers.org/education | ||
October 27-30 | NCPERS Public Safety Conference | Conference, Palm Springs, CA |
ncpers.org/education |
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 webinars added:
| See our website for the link: mass.gov/service-details/perac-online-training |
National Conference of Public Employee Retirement Systems | New 2024 webinars added:
| See our website for the link: mass.gov/service-details/perac-online-training |
PERAC | New 2024 webinars added:
| https://www.mass.gov/info-details/perac-videos-webinars |
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. 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:
IV. New Administrator Training (three credits)
We will again host a series of in-person trainings for new board administrators and staff this fiscal year. The first one will be in Northampton, MA on August 21, 2024, from 8:00 a.m. to 3:00 p.m., and we will repeat this training in late fall in Danvers, and again in spring, 2025, in Norwood.
This all-day training is designed for newer administrators and board staff with less than five years of experience, however, board members are welcome. Should board members choose to attend, they will earn three educational credits.
Date: August 21, 2024, 8:00 to 3:00 p.m.
Location: Hotel Northampton, 36 King Street, Northampton, MA 01060
Register through PROSPER. If an individual wishing to attend does not have access to PROSPER, please contact Rose Morrison at rose.a.morrison@mass.gov.
V. Emerging Issues Forum (three credits)
This year’s Emerging Issues Forum will be at a new location! We look forward to welcoming you at the DoubleTree by Hilton in Westborough, MA. Look for the agenda later this summer.
Date: Wednesday, September 18, 2024, 9:00 a.m. to 3:00 p.m.
Location: DoubleTree by Hilton, Computer Drive, Westborough, MA
Credits: Retirement board members will receive three educational credits.
Mark your calendars - online registration will be open July 8th through September 10th or until we reach capacity. Board members who attend will earn three educational credits.
VI. 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:
[1] Note: this training will be repeated in Danvers and Norwood in later quarters.