Governance
Minimum Educational Training Program
This course discusses governance concepts and components of effective governance structures for public retirement systems. This includes best practices related to how boards of trustees exercise authority and delegate authority to other parties. The second half of the course provides an overview of relevant laws governing public retirement systems. A roadmap follows:

Governance Fundamentals
Introduction
Fundamentals of Pension Governance
Board Policies
Investment Policy
Funding Policy
Ethics Policy
Professional Services/Contracting
Strategic Planning
Fiduciary Duty
Board Roles and Responsibilities
Board Composition and Structure
Board Committees
Delegation of the Board’s Authority
Laws Governing Texas Public Retirement Plans
Texas Constitution
Texas Government Code
Open Meetings Act
Public Information Act
Vernon’s Civil Statutes
Federal Law
Helpful Links
Final Quiz