April 13, 2022
In this GAPPT News & Reports article, "Public Pension Trustees Must Master 3 Tough Tasks," Tony Gelderman discusses both the honor and the demands of serving as a trustee of a public pension fund. He emphasizes the absolute and complete fiduciary relationship between public pension fund trustees and their beneficiaries. Tony further explains the requirements to act with qualities of loyalty, prudence, care, and diligence being summarized in three duties: the duty to delegate, the duty to use care, and the duty of diligence.
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