Offering a retirement plan can be one of the most challenging, yet rewarding, decisions an employer can make. The employees participating in the plan, their beneficiaries, and the employer, all benefit when a retirement plan is in place. To meet their responsibilities as plan sponsors, employers need to understand some basic rules, specifically the Employee Retirement Income Security Act (ERISA). ERISA sets standards of conduct for those who manage an employee benefit plan and its assets (called fiduciaries). Even if employers hire a service provider to manage their retirement plan and its assets, there are functions within the plan that can make an employer a fiduciary.
Please join in a conversation on this very important topic!
- The essential elements of a plan
- The definition of a Fiduciary and its significance
- Your liability as the Fiduciary
- How employer responsibilities affect the operation of the plan
- Marcy Hirschfeld, Associate General Counsel, Ford Foundation
- Tyler Polk, Partner and Senior Consultant, Fiduciary Investment Advisors
Members of FAN, as well as prospective FAN members who have a responsibility for foundation administration, including human resources and operations.
8:45 - 9:00 AM Check-in & Networking Breakfast
9:00 - 10:30 PM Program
This event is only open to Philanthropy New York members. Registration is required by March 19th.
Members: To register yourself and/or a colleague at your organization, please log in and click the Register Now link above.
*Reminder: As always, creating a confidential space at network meetings is very important. Please do not share specific details from the meetings with individuals outside the network.*
Please contact firstname.lastname@example.org with questions or for further information on this program or on eligibility.