BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ddaysoftware.com//NONSGML DDay.iCal 1.0//EN BEGIN:VEVENT DESCRIPTION:MEETS PUBLIC PENSION TRUSTEE CONTINUING EDUCATION REQUIREMENTS\ nPROGRAM MATERIAL - download pdf documentAGENDA\, LEARNING OBJECTIVES AND SPEAKERS \nIPP INSTITUTE SESSIONS LISTED BELOW:Public Act 100-0281 - Part I: The Nuts and Bolts of the New Police Officer Retirement Plan LawSpeaker s: Jeffrey Van Wagner\, Principal\, Alliance Pension ConsultantsBrian LaBa rdi\, Partner\, Reimer & Dobrovolny PCPublic Act 100-0281 was signed into law on August 24\, 2017\, affecting the retirement plan provisions applica ble to many police officers across Illinois. With its introduction comes m any questions\, especially given it requires the establishment of a new re tirement plan maintained by each municipality.  While police officers work to understand how the new law affects their retirement\, municipalities m ust work through the actual creation of the plan the law requires for thos e impacted officers. This session focuses on the latter group\, to help mu nicipalities create a working system in line with the law and the objectiv es of the stakeholders affected by it.Public Act 100-0281 - Part II: Chang es to Police Pension Benefits and How it Affects YouSpeakers: Allison Barr ett\, Principal\, Lauterbach & Amen\, LLP Todd Schroeder\, Director of Act uarial Services\, Lauterbach & Amen\, LLPPart II of this session will cove r Public Act 100-0281 and its impact on the benefits available to Article 3 members and on municipal actuarial funding levels. Learn which plans new members are eligible to join (IMRF\, Article 3 and/or the municipality’s new Defined Contribution Plan) and how these elections will impact funding requirements.Understanding Negative AmortizationSpeaker: Jason Franken\,  Actuarial Consultant\, Foster & Foster\, Inc.This session will help partic ipants understand the concept of negative amortization and its effect on t he unfunded liability and annual contribution.  Participants will learn ho w to identify negative amortization and review ways to reduce or eliminate it to put the plan sponsor on a more sustainable path.Pension Funding Pol icy – Time for a Check-Up?Moderator: Jason Franken\, Actuarial Consultant\ , Foster & Foster\, Inc.Panelists: Elizabeth Holleb\, Director of Finance & IT\, City of Lake ForestMelinda Molloy\, Finance Director\, Village of W ilmetteGeorge Colis\, Chairman\, Oxford Bank & TrustPanelists will discuss their experiences in reviewing their pension funding policy and implement ing changes to tackle the unfunded liability in their pension plans. Each panelist has experienced a multi-step process of examining the pros and co ns of their current funding policy\, reviewing alternative strategies\, de bating the municipality’s goals and objectives and adopting a new policy. The panelists are in various stages of this process so participants will g ain insight from different points in this journey.In Search of Best Practi ces for Pension FundsSpeakers: Stan Helgerson\, Retired Municipal Finance Director Dan Ryan\, Project Coordinator\, Illinois Public Pension Fund Ass ociation (IPPFA)Participants will learn about options that pension fund tr ustees and treasurers should review to insure optimal administration and f inancial management of police and fire pension plans.\nLegislative UpdateS peaker: William McCarty II\, Director\, Office of Budget & Management\, Ci ty of SpringfieldWilliam McCarty II\, Director\, Office of Budget and Mana gement\, City of Springfield\, and IGFOA Legislative Committee Chair will provide insight into current legislative issues and concerns related to pe nsion reform\, efforts to consolidate funds\, and the status of the proper ty tax freeze as it relates to pension levies.\nPension Fund Fiduciary Res ponsibility & LiabilitySpeaker: Jerry Marzullo\, Esq.\, Puchalski Goodloe Marzullo\, LLPThis session will contend with what it means to be a fiducia ry to the fund\, what it means to accept liability and to expose yourself to liability and the best practices to become a great Pension Fund Trustee .IGFOA reserves the right to modify the agenda\, cancel the event due to l ow enrollment\, or to close registration if full. \nIntended Audience:  Fi nance Directors\, Managers\, Administrators\, Accountants\, Assistant Mana gers\, Assistant Finance Directors\, Pension Board Trustees\, and professi onal staff and officials interested in local government pension issues. De livery Method: Group-LiveProgram Level: OverviewPrerequisites: No prerequi sites requiredAdvanced Preparation: No advanced preparation requiredField of Study: Accounting (Governmental)\, FinanceEarn About 8.0 CPE credit\nCa ncellation Policy - If you are unable to attend\, please contact IGFOA at 630-942-6587 or info@igfoa.org .  A $25 cancellation fee will be charged f or cancellations up to April 4\, 2019. Cancellations after April 4\, 2019 and no-shows are responsible for the full tuition. By submitting this regi stration\, the applicant agrees to the cancellation policy above.\nAccommo dationsNIU Naperville is easily accessible from Interstates 88 and 355\, j ust 27 miles from both O'Hare International Airport and Midway Internation al Airport\, and less than five miles from the Metra Train Station. For a list of hotels near NIU Naperville\, visit https://www.niu.edu/conferenceC enters/naperville/service_amenities/hotel_info/naperville-hotel-map.pdf DTEND:20190411T163000 DTSTAMP:20260426T085418 DTSTART:20190411T083000 LOCATION:NIU Naperville\, 1120 E. Diehl Road\, Naperville\, Illinois 60563 SEQUENCE:0 SUMMARY:Illinois Public Pension Institute I UID:45e4f1af-1c7c-4ae8-84a6-f501e4fba685 END:VEVENT END:VCALENDAR