Board of Trustees Governance Manual

Board Governance

MainePERS Board of Trustees Charter

1.1 – Governance Principles and Commitment

1.2 – Trustee Fiduciary Responsibility

1.3 – Standards of Conduct

1.4 – Trustees Responsibilities and Position Description

1.5 – MainePERS Board Officer Elections and Position Descriptions

1.6 – Finance and Audit Committee of the Board

1.7 – Board Self Evaluation

1.8 – Trustee Education

1.9 – Travel

1.10 – Board Meetings

Board Responsibilities – Investment and Administration

2.1 – Investment Policy Statement

2.1-A – GLI Investment Policy Statement

2.1-B – RHIT Investment Policy Statement

2.1-C – DC Plans Investment Policy Statement

2,1-D – OPEB Trust Investment Policy Statement

2.2 – Actuarial Soundness and Funding

2.3 – Rulemaking

2.4 – Appeals

2.6 – Environmental, Social and Governance Policy

2.7 – Engagement

Board – Government Coordination

3,1 – Reporting

3,2 – Legislation

Board – Executive Director Coordination

4.1 – Coordination of Control

4.2 – Chief Executive Officer Accountability

4.3 – Monitoring Chief Executive Officer Performance

4.4 – Board/Consultants/Staff Relations

4.5 – Board/Staff Relations

4.6 – Communication and Support to the Board

Executive Director Responsibilities

5.1 – Executive Director Scope of Responsibility

5.2 – Service to Members, Retirees, Employers and Stakeholders

5.3 – Service to Staff

5.4 – Budgeting, Spending, and Reporting

5.5 – Asset Protection

5.6 – Open Access to Government

5.7 – Emergency Executive Director Succession

5.8 – Compensation and Benefits