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The Fundamentals of Pension Fund Administration

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Price

$50 for Members
$75 for Non-Members

120 minutes
Date Published

October 4, 2018

Publisher

Illinois Association of Fire Protection Districts

Subjects

Pension Administration

Questions

For immediate assistance please consult our FAQ page. If you're unable to find the answer you need, please call 737-201-2059 (M-F, 8am-6pm CT) or e-mail customer service.

Summary

This program will provide pension trustees with an overview of the basics of pension fund administration.

In Part One, you will get an overview of the legal authority and State oversight of firefighter pension funds, as well as an introduction to fund membership and legal aspects of the control and management of the fund. A short overview of the legal issues in benefit administration and funding will also be addressed.

In Part Two, a veteran pension fund trustee will provide a firsthand account of the responsibilities for administering a pension fund, from learning your role as trustee to what has worked (and not worked) in overseeing responsibilities as a trustee and fiduciary to the fund. A focus on the importance of communication with the membership, as well as the municipality and union, will also be explored.

2 Hours of Continuing Education available for those who qualify.

This program is brought to you in partnership with the Illinois Fire Sprinkler Coalition, who would like to congratulate the Barrington 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.



SWOD-9319

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Presenters

Carolyn Welch Clifford
Partner - Ottosen DiNolfo Hasenbalg & Castaldo, Ltd.

Carolyn Welch Clifford has devoted her legal career to the representation of local governments in Illinois with a special... Read More

JD Bruchsaler
Fire Lieutenant; Pension Trustee Secretary - Park Ridge Firefighters’ Pension Fund

JD Bruchsaler has been a dedicated Fire Lieutenant with the Park Ridge Fire Department and Battalion Chief with the Wonder... Read More

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Program Titles and Supporting Materials

This program contains the following components:

The Fundamentals of Pension Fund Administration - Video
The Fundamentals of Pension Fund Administration - Paper
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Credit

If applicable, you may obtain credit in multiple jurisdictions simultaneously for this program (see pending/approved list below). If electing credit for this program, registrants in jurisdictions not listed below will receive a Certificate of Completion that may or may not meet credit requirements in other jurisdictions. Where applicable, credit will be only awarded to a paid registrant completing all the requirements of the program as determined by the selected accreditation authority.

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How to Attend

Join the self-paced program from your office, home, or hotel room using a computer and high speed internet connection. You may start and stop the program at your convenience, continue where you left off, and review supporting materials as often as you like. Please note: Internet Explorer is no longer a supported browser. We recommend using Google Chrome, Mozilla Firefox or Safari for best results.

Technical Requirements
You may access this course on a computer or mobile device with high speed internet (iPhones require iOS 10 or higher). Recommended browsers are Google Chrome or Mozilla Firefox.

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