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HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 24_11/08/2005~ TRUSSES .~..~.. PENSION PUBL~~ A FLORIDh ~~ ~~ FPPTA U comin E ~~9 p g vents ~.,~, . Trustees School October 2 - 5, 2005 Trustees School January 29 -February 1, Conference - June 25 - 28, 2006 Trustees School October 8 - 11, 2006 Trustees School February 25 - 28, 2007 Conference June 24 - 27, 2007 Trustees School.. October 7 - 10, 2007 Revised February, 2005 World Golf Village ,. 904-940-8000. St. Au ustine 2006 Sawgrass Marriott 800-457-GOLF Ponte Vedra Beac1# Wyndham Palace Lake Buena Vista Orlando Tradewinds Resort 800-808-9833 St. Petersbur Amelia Island Plantation 800-874-6878 Fernandina Beach.. Registry Resort 800-247-9810 Na les PGA National 800-633-9150 Palm Beach Gardens FPPTA 2946 Wellington Circle East, Suite A Tallahassee, Fl 32309 800-842-4064 Fax 850-668-8514 www.fppta ors f~nta `fppta org Lois(cr~fppta o~ Kim(a~f~~ta.or~ • AN FPPTA CERTIFICATION PROGRAM FOR PUBLIC PENSION PLANS Certified Public Pension Trustee (CPPT) Certificate Program ^ Gain an understanding of investment principles ^ Broaden your public pension knowledge ^ Three-level certification process- Basic, Intermediate and Advanced FPPTA 2946 Wellington Circle East Suite A Tallahassee, FL 32309 800-842-4064 Fax: 850-668-8514 E-mail: fpptaC~fppta.org Web site: www.fppta.org ~~TT ASSO['I ATIUN PENSIONTEES PusLlc FLORIDA 1~/t ASSIKIATIUN • PETR":NTEES Peal ~~ FLORIDA l~ Dear FPPTA Members: The FPPTA has always attempted to provide a well rounded educational forum for its members. From the beginning we realized there was more to being a pension trustee and administrator than just knowing about investments. Our vision has always been to be the best Public Pension Educational Association in the country. Many are of the opinion that we have already attained that goal. !t was now time to reach for a new goal and to take the FPPTA a step higher in its academic offering. We knew this would be a big step so we tested the wafers with surveys and CPPT related questionnaires. The member response was overwhelming and definitely in favor of a certification program. We were also aware that some of our members were .attending certification programs out of state and paying exorbitant fees. In fact, some of these courses were merely investment classes and had nothing to do with being a Florida trustee. We have created a well rounded trustee certification program that is the most inexpensive in the country and will be hailed as the best educational experience for trustees anywhere. nth this in mind, we set up an Education Committee to research the feasibility of a certification program. The frrst research by the committee was financial and included setting up a budget. The budget was presented to the Board of Directors and approved. We knew a large financial outlay would be needed, • but if participation was as predicted it would eventually be a financial success. Since the inspection of the CPPT Program the enrollment has been outstanding. Our Education and Curriculum Committees work on a regular basis developing new courses and avenues of education. The Continuing Education aspect of the program has great expectations for new and adventurous programs. Please remember that participating in the CPPT Program is strictly by choice and not mandatory in any way. The FPPTA Board of Directors has gone on record as being opposed to any organizational or State requirements for Trustee certification. If you decide you do not want to participate in the CPPT Program, you may still attend Trustee schools and conferences as you have in the past. You will still reap the benefits of the educational programs offered by the FPPTA. Thank you for your continuing support. Sincerely, Raymond Edmondson FPPTA Executive Director • T~A550(IATION PE lR~NTEES • PUBLIC FLORIDAI~ ) Dear FPPTA Members: The FPPTA has always attempted to provide a well rounded educational forum for its. members. From the beginning we realized there was more to being a pension trustee and administrator than just knowing about investments. Our vision has always been to be the best Public Pension Educational Association in the country. Many are of the opinion that we have already attained that goal. . It was now time to reach for a new goal and to fake the FPPTA a step higher in its academic offering. We knew this would be a big step so we tested the waters with surveys and CPAT related questionnaires. The member response was overwhelming and definitely in favor of a certifcation program. We were also aware that some of our members were attendin certific 6 g a on programs out of state and. paying .exorbitant fees. In fact, some of these courses were merely investment classes and had nothing to do with being a Florida trustee. We have created a well rounded trustee certification program that is the most inexpensive in the country and will be hailed as the best educational experience for trustees anywhere. With this in mind, we set up an Education Committee to research the feasibility of a certification program. The first research by the committee was financial and included setting up a budget. The budget was presented to the Board of Directors and approved. We knew a large financial outlay would be needed, but if participation was as predicted it would eventually be a financial success. • Since the inspection of the CPPT Program the enrollment has been outstanding. Our Education and Curriculum Committees work on a regular basis developing new courses and avenues of education. The Continuing Education aspect of the program has great expectations for new and adventurous programs. Please remember that participating in the CPPT Program is strictly by choice and not mandatory in any way. The FPPTA Board of Directors has 'gone on record as being opposed to any organizational or State requirements for Trustee certification. If you decide you do not want to participate in the CPPT Program, you may still attend Trustee schools and conferences as you have in the past. You will still reap the benefits of the educational programs offered by the FPPTA. Thank you for your continuing support. Sincerely, Raymond Edmondson FPPTA Executive Director • AssoclATl°" Florida Public Pension Trustees Association TRUSTEES PErrsIDN 2946 Wellington Circle East P°BL" Suite A FLORIDA Tallahassee, FL 32309 w f~ 80'0-842-4054 850-668,8552 Fax 850-668-8514 E-mail fppta@fppta.org Web site www.fppta.org CPPT Certification Program Application Pre-Registration Fee $700.00 On-Site Registration Fee $800.00 Pension Board Or Organization Name Address City State Zip Phone Fax Email Visa, Master Card, American Express accepted: Card Number: Signature: Exp. Check Enclosed: CPPT PROGRAM INFORMATION • CPPT Awards: A special award ceremony will be held every year at the FPPTA Annual Conference to honor our members completing the CPPT certification process. To maintain certification, each recipient must then complete the Post Certification Requirements on an annual basis. Post Certification Requirements: • After completing the CPPT Certification Program everyone must complete 10 Continuing Education Units annually or 30 Continuing Education Units over three years to maintain CPPT Certification. An FPPTA Trustee School will be worth 10 units and any other educational function attended will be worth 5 units either with the FPPTA or an approved outside educational conference. We have presently approved participation in the NPEA, NCPERS, and the Florida Division of Retirement; "Police and Firefighters Trustee's School" and Orlando Conference; International Foundation of Employee Benefit Plans. Each recipient will be monitored yearly to insure that CPPT related education is in fact continuing. We will require you to attend at least one FPPTA function per year. There also may be requirements that you attend specific courses related to new investment or pension issues which will be determined by the FPPTA Education Committee. Post Certification Requirements will be monitored on a calendar year basis beginning in January 2000. Certification Testing: Proctored exams will be given for the basic, intermediate, and advanced programs on Wednesday morning during the Winter and Fall FPPTA Trustee Schools. Program review workshops will also be offered on Tuesday afternoon to help prepare all certification candidates for the program exams. All individuals must pass all three exams for certification. Program Cost and Duration: The present cost to participate in the CPPT Program is $700 per person for Pre- Registration and $800 per person for On-Site Registration. This will cover all the expenses related to this certification program. Each school will have an additional registration cost which covers all other participant expenses. Once enrolled in the program, the individual will have three years to complete the CPPT Certification process. Expert Faculty: You will learn from a team of expert money managers, investment professionals, attorneys and financial consultants. These individuals are well respected in their fields and have extensive experience offering educational seminars. • ASSOCIATION TRUSTEES PENSION PUBLIC FLORIDA .~ '~` ASSOCIATION PETR~NTEES • Puauc FLORIDA 1 • • Basic Program Intermediate Program Advanced Program MONDAY 8 - 8:15 A.M. CPPT Introduction CPPT Introduction CPPT Introduction 8:20 - 9:00 A.M. Wall Street, The Fed and Economics of Investing Investment Definitions & Others Benchmarks 9:05 - 9:45 A.M. Basic Duties & Responsibilities Selecting a Money International Equities of Trustee's Mana er 9:50 - 10:30 A.M. r ' " Overview of Florida Law Developing & Implementing Active Fixed Income _ . ' 1 t2. 175 - 185 an Investment Policy- Strategies 10:50 -11:30 A.M. Meeting Protocol Drop Plans Alternative Investment Programs 11:35 -12:15 P.M. Introduction to Bonds Portfolio Diversification Market Sectors 1:45 - 2:25 P.M. Introduction to Bonds Performance Reporting Disability Panel Discussion 2:30 - 3:10 P.M. Asset Allocation Trustees Responsibilities 8 Legislative Action 3:30 - 4:10 P.M. Benchmark Fundamentals Custodial Responsibilities & Costing of Benefits Proxy Voting Enhancements TUESDAY 8 - 8:40 A.M. The Bond Market Risk Management P i F ens on undamentals 8:45 - 9:25 A.M. (Panel Discussion) Stock Investing Equity Analysis 9:30 -10:10 A.M. Portfolio Rebalancing Trustees Responsibility in Active Ownershi Panel 10:30 -11:10 A.M. Manager Reporting Growth vs. Value Portfolio Review Case Study 11:15 -11:55 A.M. Financial News Resources Execution Costs (Panel Presentation) 1:30 - 2:10 P.M. Types of Pension Plans Trustee Duties & Active vs. Passive Responsibilities Management 2:15 - 2:55 P.M. Ethics for Pension Trustees Disability Procedures Qualified Domestic Relations Order {ODRO) 3:15 - 4:15 P.M. Basic Review Intermediate Review Advanced Review WEDNESDAY 8:30 -10:00 A.M. Basic Program Testing Intermediate Program Testing Advanced Program Testing ,. - ~~- ; Betty Laur rom: Karen Amenita [karena@hpjlaw.com] nt: Friday, October 21, 2005 12:48 PM Katz)@ci.boynton-beach.fl.us; CaudellS@ci.boynton-beach.fl.us; ChapmanG@ci.boynton- beach.fl.us; AtholT@ci.boynton-beach.fl.us; Jeffrey697@adelphia.net; chappy@microchap.com; dbuff@belleglade-fl.com; stacie@belleglade-fl.com; dulanys@palmbeach.k12.fl.us; Raquel Prince; mbosack@ci.brooksville.fl.us; brickwagon70 @aol.com; peter.lowery@fnbtc.net; csementelli@lakeparkflorida.gov; pcarlisle@lakeparkflorida.gov; marklbarb@aol.com; Pfspeeck@ci.miramar.fl.us; JDGillettte@ci.miramar.fl.us; Iktomey@ci.miramar.fl.us; Iktomey@bellsouth.net; jayjiggles@aol.com; apark@ci.miramar.fl.us; Bob@4charge.net; randimorales@browardschools.com; sgtmaki@hotmail.com; FMC049@aol.com; FFPMLEW@bellsouth.net; tfitzpatrick@village-npb.org; jboivin@orangeparkpolice.com; JeaniePerkins@cityofpahokee.com; pahokeefire@aol.com; ralyap@adelphia.net; rmorse@villageofpalmsprings.org; vwalton@villageofpalmsprings.org; bevsmith@aol.com; scoff@resourcecenters.com; conboy@bellsouth.net; loxahatcheeed@aol.com; ycab@ix.netcom.com; Robert6614@aol.com; ATU1577~bellsouth.net; JMastrangelo@adminserv.com; RRoberts@co.palm-beach.fl.us; sleonard@co:palm- beach.fl.us; sleonard@co.palm-beach.fl.us; pngeisler@yahoo.com; rmj@mascptl.com; msphays@aol.com; jcuomo@bellsouth.net; jcuomo@townofpalmbeach.com; WSidey@pbgfl.org; )Spencer@pbgfl.com; piers1@adelphia.net; bradsticker@yahoo.com; JMastrangelo@adminserv.com; CBushman@slcfd.org; LGaskill@slcfd.org; tpaterno@bellsouth.net; rgarlo@tequesta.org; GCARLISLE@tequesta.org; akoch@tequesta.org; blaur@tequesta.org; acemangum@aol.com; GGenco@aol.com; esabin@3implant.com; GCARLISLE@tequesta.org; )Forsythe@tequesta.org; RGiblin@tequesta.org; MRyan@westmelbourne.org; block@westmelbourne.org; mrupp@westmelbourne.org; DGarceau@westmelbourne.org; emitchell@ci.west-palm- beach.fl.us; jfrost1996@aol.com; wwhite@moylelaw.com; minicraps@hotmail.com; vagabond62@yahoo.com; smokeyffpm@aol.com; DMiller@ci.west-palm-beach.fl.us; • tharris@ci.west-palm-beach.fl.us; Rma_pb@bellsouth.net; FD327@bellsouth.net; KaneC@Iwpolice.org; Fleming)@Iwpolice.org; matthewsd@Iwpolice.org; SmithW@Iwpolice.org; FoleyWint@aol.com; RRoberts@co.palm-beach.fl.us; JMastrangelo@adminserv.com; ATU1577@bellsouth.net; devise@resourcecenters.com; margie@resourcecenters.com; scoff@resourcecenters.com; RHONDAHA@grsnet.com; Nick@resourcecenters.com; Rachel@resourcecenters.com; wi1d3558@bellsouth.net; patsy@pbcpba.org; art@pbcpba.org; Dmiller@wpb.org; Knielson@wpb.org; Lclaridge@wpb.org; mgranzow@wpb.org; Pcooney@wpb.org; rroberts@wpb.org; rikroberts@bellsouth.net; Tharris@wpb.org; Pbrosamer@wpb.org; LPenque@aol.com; themagicbasement@hotmail.com; tharris@ci.west-palm-beach.fl.us; Ernie@pbcpba.org; emitchell@ci.west-palm-beach.fl. us Subject: Municipal Police & FF Trustee School - St. Petersburg We just received the following message from the State Division of Retirement, postponing the upcoming Trustee School: As you all know, we have been concerned about Hurricane Wilma and have made the decision to cancel the program for October 24-26, 2005 and have rescheduled for December 7-9, 2005. We chose these dates based on the availability of the hotel space and the fact that most of you had availability on these dates. We will maintain the same format with the first day as the New Trustee Day and the Regular program on December 8 & 9. Karen Amenita <karena@hpjlaw.com> ~l Assistant to Bonni S. Jensen son Perry & Jensen, PA 400 Executive Center Drive, Suite 207 West Palm Beach, FL 33401-2922