20 questions directors should ask about pension governance
Fulfill your role as a director by learning about effective oversight of pension and group benefit plans.
Governance of pension plans and group benefit plans is attracting a lot of attention, not only among sponsoring organizations, employees and their beneficiaries, but also within capital markets where pension funds are significant investors. As a director, you have a responsibility to optimize benefits to pension and group benefit plan stakeholders while minimizing the financial and reputational risks for the organization and yourself.
20 Questions Directors Should Ask About Pension Governance contains a practical framework for analysis to help boards of directors, pension committees and boards of trustees create and maintain good governance practices.
You will learn about:
- roles and responsibilities of managing and monitoring the pension plan and fund
- pension and group benefit plan and design
- funding and financial reporting policies and their impact on the corporation as a going concern
- pension plan investment and expertise required
- risk assessment and management controls directors should be aware of
- hiring and supervising third-party advisors, and the board’s role