New for public pension plan trustees!
The policy and investment environment for public benefits plans has become highly complex and uncertain. Rapid changes are occurring and tough decisions must be made. This one-of-a-kind book offers practical advice concerning the governance challenges faced by public pensions - written by those with deep and broad experience as public plan trustees and executives. In straightforward language, the book explains the duties of trustees and the challenges they face. The book clarifies the role of the board of directors providing direction, oversight and prudent delegation to committees as well as executive management. It provides a sensible and comprehensive perspective on leading practices and lessons learned that can be applied to meet the unique requirements of each plan.
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Keywords: Fiduciary responsibility|Reporting and disclosure|compliance|health and welfare|cost management|pharmacy benefits|investment management|policies and procedures|pension and retirement|funding]Public employee plans|United States