Trustees Institute

New Trustees Institute - Level I: Core Concepts

Saturday, November 09-Monday, November 11, 2024

San Diego, CA

Sessions Include:

8:00 AM - 12:00 PM

Trustee Responsibility and Legal Environment

  • History of benefits/legislation
  • Governing documents
  • Fiduciary responsibilities under ERISA
  • Relationship of trustees and parties to the collective bargaining agreement
  • Conducting effective trustee meetings

1:00 PM - 5:00 PM

Overview of Health and Welfare Plans

  • Overview of health and welfare programs
  • Plan funding
  • Plan design
  • Administration and financing metrics
  • Communication needs and requirements
  • Data collection and analysis
  • Cost-control initiatives
  • Health care reform, legal/legislative developments

8:00 AM - 12:00 PM

Overview of Retirement Plans

  • Purpose and objectives
  • Actuarial concepts
  • Administration
  • Manage the money
  • Defined benefit pension plans
  • Defined contribution and hybrid plans
  • Accounting changes
  • Market performance
  • Legal and legislative developments
  • The future of retirement

1:00 PM - 4:00 PM

Investing Health and Welfare and Pension Assets

  • Investing process
  • Investment terminology
  • Risk and return
  • Investment objectives and policy
  • Asset classes
  • Asset allocation
  • Market performance
  • Selecting managers and monitoring performance

9:15 AM - 12:15 PM

Governance

  • Financial statements
  • Internal controls
  • Administration
  • Documents, records and meeting minutes
  • Working with plan professionals
  • Defining a good trustee and how to become one
  • Communication
  • Best practices
This session is only available to those registered for New Trustees Institute—Level I: Core Concepts.

Conference brochure coming soon.
We're putting the finishing touches on the session details. Stay tuned for further announcements coming soon.