New Trustees Institute — Level I: Core Concepts

Monday, September 20 - Wednesday, September 22, 2021
Fairmont Copley Plaza Hotel, Boston, MA
New Trustees Institute — Level I: Core Concepts

​​​New Location and Dates


The New Trustees Institute 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.

As the first step in the trustee education path, trustees will obtain a basic understanding of their fiduciary responsibility, the legal environment, best practices and current issues in the benefits industry.

Topics/Agenda

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 the 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.

What others are saying about the Trustees and Administrators Institute.

​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 also ideal for collective bargaining personnel and others who work with trustees and 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 the trustee education path.

ME Path.JPG

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.

Speakers

  • Christopher E. Brecht, GBA, RPA, GBA, RPA Consultant
  • Troy Brown, CFA Executive Director AndCo Consulting
  • David Evangelista, CPA, CPA, CGMA Principal MBAF Certified Public Accountants and Advisors
  • Victor P. Harte, EA, MAAA Principal and Consulting Actuary Milliman Inc.
  • Ian W. Jones Senior Consultant AndCo Consulting
  • Robert M. Projansky Partner Proskauer Rose LLP
  • Peter M. Rosene, Esq. Shareholder Reinhart Boerner Van Deuren s.c.
  • Dee Shaw Health Benefit Consultant Soshent Partners
  • Aaron Slaughter, CPA Senior Manager WithumSmith+Brown, PC

​Speakers

Speakers for the 2020 program will be announced shortly. Check back soon.

The International Foundation is grateful to the following instructors for their contributions to the 2019 New Trustees Institute.

Click here to view the 2019 program instructors.

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Continuing Education

Educational sessions at this program can qualify for CEBS Compliance credit. Visit www.cebs.org/compliance for additional information.


COVID-19 Preparations

The International Foundation is closely monitoring local, state and federal agencies regarding the latest safety precautions. We are also working closely with the event property to implement the current safety guidelines. As the event draws closer, watch for safety guidelines that will be in place.

Register With Confidence

We can't wait to see you. Our mission is to create the best learning environment for you, and that includes ensuring a safe learning environment following the latest health guidelines. If, as the event draws near, we determine that we are unable to meet in person, we will let you know of alternative educational options.
All conferences have a no-penalty transfer policy to any 2021 or 2022 program. Hotel cancellation policies apply. See www.ifebp.org/policies.


Registration Information

Register early and save!

Registration Information
  Member Nonmember


Through 8/9/2021 US $1,550.00 US $1,880.00
After 8/9/2021 US $1,850.00 US $2,180.00