Code of Conduct
The NCPERS Code of Conduct for Public Pension Service Providers identifies 10 principles for service providers. The ethical framework was developed at a time when compensation and other arrangements for providing services to employee benefit plans have grown more complex. Some types of services that pension plans secure include legal, financial, accounting, investment, and custody services.
- Code of Conduct for Public Pension Service Providers
- Schedule A to the NCPERS Code of Conduct (updated January 6, 2020)
- Schedule A Chart (updated January 6, 2020)
- Schedule A Annual Process
- Model Motions
- Code of Conduct Fiduciary Analysis (updated January 25, 2017)
- Code of Conduct First Amendment Analysis
- Code of Conduct Frequently Asked Questions
- Public Plan Service Providers Who Have Signed the CoC
- Letters of Intent
- Act in a professional and ethical manner at all times in dealings with public plan clients.
- Act for the benefit of public plan clients and in accordance with codes of professional conduct.
- Act with independence and objectivity.
- Fully disclose to public plan clients conflicts of interest that arise that may impair the ability to act independently or objectively.
- Act with reasonable care, skill, competence, and diligence when engaging in professional activities.
- Communicate with public plan clients in a timely and accurate manner.
- Uphold the applicable law, rules, and regulations governing your sector and profession.
- Fully disclose to public plan clients all fees charged for the products or services provided to said client.
- Support the sustainability of public defined benefit plans and retirement arrangements that add to overall retirement security
- Fully disclose all contributions made to entities enumerated in Schedule A that advocate for the diminishment of public defined benefit plans.
- NCPERS Expands List of Think Tanks that Undercut Pensions, December 19, 2016
- NCPERS Gives Public Pension Systems Tool for Screening Service Providers, September 15, 2015
- NCPERS Unveils Code of Conduct for Pension Service Providers, May 6, 2015
Comments? Click Here