The current public sector pension crisis will place huge financial demands
on Pennsylvanians for decades. 

How informed are the elected officials in your community regarding their pension responsibilities?

How will you balance your pension obligations with the need to continue to provie other community services? To decide, you need knowledge about how pension plans work. Get that knowledge at this upcoming program.

'Pensions 101' for Elected Officials

Thursday, February 2, 2012 6 PM - 9 PM
Avalon Borough Municipal Building

Reserve Your Spot in the Program:
 

This program is offered in partnership with the Government Finance Officers Association - Western PA Chapter. 
 

Data compliled by the Pennsylvania Economy League
 

Date:2/2/2012
Registration Fee: $35.00
Registration Ends:2/1/2012 12:00 PM (ET)
Map to Event: [Click here for directions]
The registration period has closed for this event.



Registration Fee: $35
GFOA members receive a $10 discount on the registration fee. 
Elected and appointed officials from communities that have been designated as fiscally distressed (Act 47) and those participating in an Early Intervention Program receive an 80% discount on all program registration fees. 

This program is ideal for newly elected officials and those with new finance committee responsibilities. 

Local government elected officials find themselves responsible for the operation and security of municipal pensions, yet little prepares them for this fiduciary role. This program will address the key responsibilities of local officials and prepare them to ask good questions about the safety and soundness of their community’s pension practices.

Topics include:

• Managing pension plans, including adopting and monitoring investment policy statements
• Selection of money managers including Act 44 RFPs
• Evaluating money managers, assumed rates of return and how this affects the MMO
• Understand the role of trustee, trust administrator, actuary and other professional services
• Negotiating employee benefits and how labor contracts impact funding requirements

In addition, the trend toward defined contribution plans will be examined, as well as future changes in accounting rules and a legislative update.

Speakers Include:
Belynda Slaugenhaupt, Senior Vice President, Hefren Tillotson, Inc.
Colleen A. Deer, Vice President, Mockenhaupt Benefits Group