Northern Illinois University Outreach
Our 32-hour Certified Trustee Program is offered throughout the year in four eight-hour modules from 8:00am to 4:00pm. Each one of the modules is approximately one month apart. Classes are held at the NIU Outreach Centers in Naperville (N) and in Hoffman Estates (HE). All modules must be completed within a twelve month period.
The cost of the program is $800 per participant for IPPFA members and $1,700 for non-members and includes all instructions, a notebook, all textbooks and related handout materials. A $25 reassignment fee will be assessed for each missed module. The Illinois Department of Financial & Professional Regulation, Division of Insurance has approved this fee as a “necessary pension fund expense” under the Illinois Pension Code.
All Article 3 & 4 Pension Trustees elected or appointed AFTER August 13, 2009 are required to attend a 32-hour trustee certification course within 18 months of election or appointment to the board.
This course must be taken in its entirety and is not available in individual modules. Each participant must successfully complete module one before attending any of the three remaining modules. All four modules of instruction must be completed within a twelve month period. Due to class size, participant registering for a particular Program must attend the modules in that Program. Any changes must be authorized by the IPPFA