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New Trustees Institute Level I Core Concepts
Monday, June 23 - Wednesday, June 25, 2025

Renaissance Nashville Hotel,
Nashville, TN

Sessions Include:

7:30 AM - 11:30 AM

Trustee Responsibility and Legal Environment

  • History of benefits/legislation
  • Governing documents
  • Fiduciary responsibilities under ERISA
  • Relationship of trustees and parties to the collective bargaining agreement
  • Conducting effective trustee meetings

12:30 PM - 4:30 PM

Investing Health and Welfare and Pension Assets

  • Investing process
  • Investment terminology
  • Risk and return
  • Investment objectives and policy
  • Asset classes
  • Asset allocation
  • Market performance
  • Selecting managers and monitoring performance

7:30 AM - 11:30 AM

Governance

  • Financial statements
  • Internal controls
  • Administration
  • Documents, records and meeting minutes
  • Working with plan professionals
  • Communication
  • Best practices

12:30 PM - 4:30 PM

Overview of Health and Welfare Plans

  • Overview of health and welfare programs
  • Plan funding
  • Plan design
  • Administration and financing metrics
  • Communication needs and requirements
  • Data collection and analysis
  • Cost-control initiatives
  • Health care reform, legal/legislative developments

7:30 AM - 11:30 AM

Overview of Retirement Plans

  • Purpose and objectives
  • Actuarial concepts
  • Administration
  • Manage the money
  • Defined benefit pension plans
  • Defined contribution and hybrid plans
  • Accounting changes
  • Market performance
  • Legal and legislative developments
  • The future of retirement