Trustee Education
Pension plans like HOOPP are complex and technical. HOOPP invests extensively in Trustee education programs, and all new Trustees are enrolled in an orientation session. Increased knowledge of pension and investment matters enables Trustees to make more informed decisions, and to thereby ensure that their fiduciary obligations are properly met.
Trustee education sessions are usually scheduled to take place at or around the time of the quarterly meetings of the Board. A variety of topics are addressed from time to time, including:
- fiduciary duties of a Trustee
- pension plan governance
- pension plan design and review
- pension funding
- investment goals and performance
- Trust Fund diversification and risk management
- business continuity