Advanced Trustee Training in Teutopolis
Thank you to Teutopolis FPD and Chief Tim McMahon for hosting our fall presentation of Advanced Trustee Training!
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Attention Pension Board Trustees!
Our online ON DEMAND library now has 4 hours of pension training. Check out the online learning library to learn more and order your webinar TODAY!
Duties, Responsibilities and Worst Case Scenarios
presented by: John E. Motylinski & Ryan R. Morton
This two-part program earns two hours of continued ed credit for those who qualify, and will provide pension trustees with an overview of the basics of pension fund administration. Click here to register.
Part One: Fiduciary Duty 101
Serving on the board of a pension fund comes with significant responsibilities. Chief among them is the duty to act as a fiduciary. This presentation will explain what exactly “fiduciary” means, what that duty entails, and what steps trustees should take to ensure they are preserving the trust of the pension members. In addition to general best practices, the presentation will also detail specific requirements of the Illinois Pension Code for fiduciaries.
Part Two: When What Can Go Wrong, Goes Wrong: Fiduciary Dilemmas
Acting as a fiduciary might seem like common sense: avoid conflicts of interest and manage funds prudently. Those rules have many nuances, though, which can lead to mistakes, resulting in pension fund trustees getting in trouble. This presentation will highlight examples of fiduciary breaches in Illinois, focusing on what went wrong and what the consequences were. The presentation will also provide advice to avoid similar situations in your pension fund.
This program is brought to you in partnership with the Illinois Fire Sprinkler Coalition, who would like to congratulate the Central Stickney Fire Protection District on adopting a model code that included fire sprinkler protection for residential occupancies such as single-family homes, townhomes and multifamily. Please visit homelifesafety.com to learn more.
If you missed any of the other IAFPD online seminars, they are available in our online learning library to download at your convenience!
Click here to visit our online learning library.
In the news
Winter Conference in O'Fallon Feb. 15-16
Save the Date and plan to attend the 5th Annual Southern Illinois Winter Conference at a new venue (Regency Conference Center, O'Fallon). Go to the Education Page for more information and to get signed up.