new-trustees-institute New Trustees Institute-Level I: Core Concepts Conference begins in: IFEBPEdProg-Navbar Program Details Benefits of Attending Topics Program Locations Contact Information Continuing Education Multiemployer Trustee Education Path February 2019 Program— Lake Buena Vista New Trustees Institute June 2019 Program—San Francisco New Trustees Institute October 2019 Program—San Diego New Trustees Institute IFEBP > Education > New Trustees Institute Level I IFEBPEdProg-IntroductionChallenges continue to get more complex for pension and health and welfare plans. Education is critical to make necessary decisions and fulfill your fiduciary duty.For trustees, that education starts with the New Trustees Institute—Level I: Core Concepts. This program is the bedrock of trustee education. It is time-tested, developed by trustees for trustees.As the first step in the trustee education path, The New Trustees Institute is designed for Taft-Hartley multiemployer plan trustees needing an understanding of their fiduciary responsibilities, best practices in fund management, legal requirements and other need-to-know information pertinent to serving as a trustee. IFEBPEdProg-IntroLeft IFEBPEdProg-IntroRight IFEBPEdProg-TopicsAndAgendaTopics Legal/LegislativeLegal and legislative frameworkERISATwo-hat structureGoverning documentsKey governmental agenciesRequired communicationFiduciary and co-fiduciary obligationsDuty to monitor feesLiability InsuranceInvestmentsTerminologyModern portfolio theoryAsset allocationAsset classesInvestment policiesInstitutional vs. individual portfoliosInvestment managers Health CareTerminologyFunding and resourcesPrescription drugsLegal frameworkACABasic health care financial informationPlan typesHIPAALegislative and regulatory requirementsGovernance/AdministrationHow to be a good trusteeTrustee meetings/agendas, minutesWorking with professionalsTrustee orientationFinancial statementsDealing with two-hat dilemmaRole of your administratorPayroll audits RetirementTerminologyDefined benefit plansDefined contribution plansPension reform legislationRole of the actuaryFunding methodsAssumptionsPlan design (traditional)Administration IFEBPEdProg-TestimonialAs always, this conference had great materials and speakers. It should be a requirement for all trustees to attend. Patrick J. Carroll Labor TrusteeUA Local 73 Steamfitters & Pipefitters Training Paths IFEBPEdProg-WhoShouldAttendBenefits of Attending Learn from industry experts about the current state of affairs and latest reform initiatives—Be prepared for what lies aheadNetwork with peers who face similar challenges—Learn from their mistakes, benchmark your performance and gather workable ideas and solutions to implementBring 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 programWho Should AttendDesigned for trustees who have served for less than two years, or who have not previously attended an International Foundation educational program. IFEBPEdProg-SpeakersNew Trustees Institute—Level I: Core Concepts Program Locations Ernest N. Morial Convention CenterOctober 13-15, 2018New Orleans, Louisiana Disney's Yacht & Beach Club ResortsFebruary 18-20, 2019Lake Buena Vista (Orlando), Florida Hilton San Francisco Union Square June 24-26, 2019San Francisco, California IFEBPEdProg-AddlInfoProgram Contact For questions regarding specific program content or speakers, call Tom DeRoche, (262) 373-7648 or e-mail tomd@ifebp.org. Exhibit and sponsorship opportunities are available at these programs. Multiemployer Trustee Education PathIn order to help trustees better meet their educational needs, the Foundation has created a suggested progression of trustee education. This program is the first course in the suggested educational path for Multiemployer trustees. Connect with us #IFEBP IFEBPEdProg-ContinuingEd Continuing Education Educational sessions at this program may qualify for CEBS Compliance credit.Visit www.ceb.org/compliance for more information. Host the New Trustees Institute at Your Organization Bring world-class training to your organization. On-site programs provide a one-of-a-kind learning opportunity. Learn More. Registration Information IFEBPEdProg-RegistrationDetails Registration Information Member Nonmember Body