A broad coalition of pension experts gathered at the 2014 CORPaTH Summit and Crystal Globe Awards in December to share ideas and honor three champions for the cause of protecting, promoting and perpetuating defined-benefit pensions.
“People who work hard all their lives deserve a reliable, guaranteed income throughout their sunset years,” said Ron Auer, executive director of CORPaTH, as he opened the Summit.
“Unfortunately, we are witnessing an unprecedented assault on the promise of lifetime pension security. Millions of people are being forced to fend for themselves with defined-contribution plans that are poorly funded and inadequate for their needs.
“CORPaTH is bringing together the best minds of the pension world to focus on reversing this trend for the sake of retirees and the world’s economy, which relies on trillions of investment dollars coming from pension funds.”
Participants in the 2014 CORPaTH Summit and Crystal Globe Awards included pension fund managers, investment advisors, trustees, attorneys, analysts, labor leaders and political office holders. Presentations and panel discussions addressed such topics as the economic impacts of defined benefit plans, responsible investments, engaging the public, good governance practices and legislative strategies.
Randy DeFrehn, executive director of the National Coordinating Committee for Multiemployer Plans (NCCMP), introduced the first panels of CORPaTH’s evening session, which was a precursor to the full slate the following day.
Hank Kim, executive director and counsel for the National Conference on Public Employee Retirement Systems (NCPERS), presided at CORPaTH’s Crystal Globe Awards, which concluded the 2014 Summit. The event honored North America’s Building Trades Unions President Sean McGarvey, TEXPERS Executive Director Max Patterson and UFCW International President Marc Perrone.
Topics, presenters and panelists at the 2014 CORPaTH Summit included:
- “On the CORPaTH: Click it. Like it. Tweet it. Stream it.”: Jacques Loveall, UFCW Trust / UFCW 8-Golden State.
- “Investment Guidelines and Responsibilities”: moderated by CORPaTH Executive Director Ron Auer, with panelists Peter Palandjian, Intercontinental Real Estate; Darren Robbins, Robbins, Geller, Rudman & Dowd; and Ed Smith, Ullico
CORPaTH is an international alliance bringing pension fund decision-makers together for sound investments, good governance, social responsibility and a rational policy for economic growth. CORPaTH is a network affiliate of the United Nations Principles for Responsible Investment (UN-PRI).