Pension administration and retirement plan covers the management and administration of employee pension plans and other retirement savings vehicles. This training will cover such topics as:

• Types of pension plans (e.g. defined benefit, defined contribution) and how they work
• Legal and regulatory requirements for pension plan administration
• Investment options and strategies for pension plans
• Actuarial concepts and calculations used in pension plan design and management
• Risk management and mitigation in pension plan administration
• Communication and education strategies for employees enrolled in pension plans
• This course is intended for professionals working in the field of pension plan administration or management.

Course Objectives:

This Pension administration and retirement plan course aim to provide participants with a comprehensive understanding of the management and administration of employee pension plans and other retirement savings vehicles. At the end of this training, participants will:

• Understand the types of pension plans and how they work, including defined benefit plans, defined contribution plans, and hybrid plans
• Understand the legal and regulatory requirements for pension plan administration, such as ERISA, and how they apply to different types of plans
• Learn about investment options and strategies for pension plans and how to evaluate their potential risk and return
• Understand the actuarial concepts and calculations used in pension plan design and management, including funding levels, contributions, and benefit calculations
• Understand how to manage risk in pension plan administration and identify potential liabilities
• Understand communication and education strategies to help employees understand and make the most of their pension benefits.