Benefits Administration OBJECTIVE: To provide retirement system trustees and plan professionals a general overview regarding the administration of service and disability pension benefits. Read More…
Investment of Plan Assets OBJECTIVE To provide retirement system trustees and plan administrators a general overview regarding the investment of public plan assets. OUTLINE I. YOUR ROLE AS A TRUSTEE “FIDUCIARY RESPONSIBILITY” WHO IS A “FIDUCIARY”? The term “fiduciary” is derived from early Roman law and means “a person having the character of a […]
Fiduciary Responsibility – Your Role as a Trustee INTRODUCTION The following is intended to serve as a general overview of fiduciary responsibilities relating to the administration of public employee retirement systems. WHO IS A “FIDUCIARY”? The term “fiduciary” is derived from early Roman law and means “a person having the character of a trustee; […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2011 CONFERENCE This summary is presented to provide a general reference to recent legal decisions of interest to Michigan public retirement and healthcare plans. ADMINISTRATION McKnight v. General Retirement System of the City of Detroit Michigan Court of Appeals – Decided November 16, 2010 2010 Mich. App. LEXIS 2165 […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2010 CONFERENCE This summary is presented to provide a general reference to recent legal decisions of interest to Michigan public retirement and healthcare plans. ADMINISTRATION Brooks, et al. v. Detroit Police and Fire Retirement System, et al. Michigan Court of Appeals – Decided April 20, 2010 2010 Mich. […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2009 CONFERENCE This summary is presented to provide a general reference to recent legal decisions of interest to Michigan public retirement and healthcare plans. ADMINISTRATION Bandeen v. Public School Employees Retirement Board Michigan Court of Appeals – Decided February 24, 2009 2009 Mich. App. LEXIS 376 The Court […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2008 CONFERENCE This summary is presented to provide a general reference to recent legal decisions of interest to Michigan public retirement and healthcare plans. ADMINISTRATION Atkins v. Michigan Public School Employees’ Retirement System Michigan Court of Appeals – Decided: April 22, 2008 The Michigan Court of Appeals determined […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2007 CONFERENCE This summary is presented to provide a general reference to recent legal decisions regarding Michigan public retirement and healthcare plans. ADMINISTRATION Board of Trustees of the Detroit General Retirement System, et al. v. City of Detroit, et al. Michigan Court of Appeals – Decided: July 25, […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2006 CONFERENCE This summary is presented to provide a general reference to recent legal decisions regarding Michigan public retirement and healthcare plans. DISABILITY Spencer v. State Employees Retirement Board Michigan Court of Appeals – Decided: October 13, 2005. 2005 Mich. App. Lexis 2503 The Appellate Court upheld the […]
MAPERS RECENT LEGAL ISSUES AND DECISIONS SPRING 2005 CONFERENCE This summary is presented to provide a general reference to recent legal decisions regarding Michigan public employee retirement systems: DISABILITY Galuszka v State Employees’ Retirement System Court of Appeals – Decided November 23, 2004. 265 Mich. App. 34 The Court of Appeals upheld the decision of […]