New Trustees Institute — Level I: Core Concepts

Monday, February 18 - Wednesday, February 20, 2019
Disney's Yacht & Beach Club, Orlando, FL
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As a track of the Trustees and Administrators Institute, the New Trustees Institute—Level I: Core Concepts focuses on your role as a trustee, your understanding of the key issues in managing your pension and health and welfare funds, and the complex environment of benefits. 

The New Trustees Institute—Level I is the first step in the trustee education path, where trustees will obtain a basic understanding of their fiduciary responsibility, the legal environment, best practices and current issues in the benefits industry.​

2019 Topics

​Trustee Responsibility and Legal Environment
  • Legal and legislative framework
  • ERISA
  • Two-hat structure
  • Governing documents
  • Key governmental agencies
  • Required communication
  • Fiduciary and co-fiduciary obligations
  • Duty to monitor fees
  • Liability insurance
Investing Health and Welfare and Pension Assets
  • Terminology
  • Modern portfolio theory
  • Asset allocation
  • Asset classes
  • Investment policies
  • Institutional vs. individual portfolios
  • Investment managers

Overview of Health and Welfare Plans
  • Terminology
  • Funding and resources
  • Prescription drugs
  • Legal framework
  • ACA
  • Basic health care financial information
  • Plan types
  • HIPAA
  • Legislative and regulatory requirements
Governance
  • How to be a good trustee
  • Trustee meetings/agendas, minutes
  • Working with professionals
  • Trustee orientation
  • Financial statements
  • Dealing with two-hat dilemma
  • Role of your administrator
  • Payroll audits
Overview of Retirement Plans
  • Terminology
  • Defined benefit plans
  • Defined contribution plans
  • Pension reform legislation
  • Role of the actuary
  • Funding methods
  • Assumptions
  • Plan design (traditional)
  • Administration

View the various education program offerings for multiemployer trustees.

​Benefits of Attending

  • Learn from industry experts about the current state of affairs and latest reform initiatives—Be prepared for what lies ahead
  • Network with peers who face similar challenges—Learn from their mistakes, benchmark your performance and gather workable ideas and solutions to implement
  • Bring home helpful resource materials to share with colleagues, from sample documents to checklists and case studies—The value of your attendance will continue long after you've left the program

Who Should Attend

The New Trustees Institute is designed for trustees who have served for less than two years on ERISA-covered plans, or who have not previously attended an International Foundation educational program. The New Trustees Institute is ideal for collective bargaining and other personnel who work with trustees and who would like a better understanding of their role and responsibilities.

Multiemployer Trustee Education Path

In order to help trustees better meet their educational needs, the Foundation has created a suggested progression of trustee education. This program is the first step in trustee education path.

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Trustee Resource Center

Look to the Trustee Resource Center as you serve in this influential role as a trustee! You'll receive guidance on legal and regulatory issues, investment management, financial reporting, retirement plans, defined benefit pension plans and health plans, visit www.ifebp.org/trusteeresourcecenter 

​2019 Speakers

The International Foundation is grateful to the following instructors for their contributions to the New Trustees Institute.

Click here to view the instructors.

​Additional Information

Bring your whole family and make it a trip they will remember. After the sessions are over join the rest of your family at the Disney attractions. We are pleased to announce ​​exclu​sive Disney ticket specials and savings available for attendees.

Preconference Information

Diversity Training—Foundations for an Effective Diverse Team
Sunday, February 17, 2019 | 8:00 a.m.-1:00 p.m.

Participants will have the opportunity to learn about how culture influences interpersonal interactions as well as business decisions. Identifying and defining key terms and concepts like diversity and culture are vital components of the workshop.

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Continuing Education

Educational sessions at this program may qualify for CEBS Compliance credit.
Visit www.ceb.org/compliance for more information.

Registration Information

Register early and save!

Registration Information
  Member Nonmember


Through 1/7/2019 US $1,515.00 US $1,845.00
After 1/7/2019 US $1,815.00 US $2,145.00