Pensions and Retirement Training Course on Core Pension Administration Systems
Master Pensions Retirement Training with expert training. 10 Days course with certification. Comprehensive training program. Online & in-person. Enroll now!
Pensions And Retirement Courses10 DaysCertificate Included
Duration
10 Days
Mode
Online & Physical
Certificate
Included
Language
English
Course Overview
This course provides participants with a comprehensive understanding of core pension administration systems, their architecture, functions, and integration within the broader pension ecosystem. It focuses on the operational, technical, and governance aspects of system deployment and management, enabling participants to optimize efficiency, accuracy, and member service delivery. The course combines theoretical instruction with hands-on exercises on system configuration, data management, and process automation, ensuring participants are equipped to manage and modernize pension administration infrastructure effectively.
Secure enrollment • Professional certificate included
Learning Objectives
By the end of the course, participants will be able to:
Understand the structure and functions of core pension administration systems.
Configure and manage system modules for contributions, benefits, and member records.
Integrate payroll, HR, and finance systems with pension platforms.
Ensure data accuracy, consistency, and security across administrative processes.
Evaluate system performance and manage vendor relationships.
Apply digital best practices to modernize pension operations.
Ensure compliance, auditability, and transparency through effective system controls.
Course Content
Module 1: Overview of Core Pension Administration Systems Introduction to pension administration technology and digital transformation Key components and modules of pension systems Functional overview: member registration, contributions, benefits, and reporting System architecture and data flow between modules Case study: Evolution of pension administration platforms Module 2: System Architecture and Data Infrastructure Understanding system design: databases, servers, and cloud environments Data models for member and employer records Integration between front-end interfaces and back-end systems System performance, scalability, and redundancy planning Workshop: Mapping a pension data architecture diagram Module 3: Contribution and Member Record Management Member enrollment and recordkeeping workflows Integration with payroll systems for contribution uploads Managing arrears, backdated adjustments, and contribution corrections Data validation and automated error detection Practical exercise: Configuring a contribution tracking module Module 4: Benefit Processing and Payment Automation Workflow design for benefit claims and approvals Automating eligibility checks and payment triggers Calculation engines and actuarial parameters in system configuration Interfaces with banking systems for payments and reconciliations Exercise: Setting up automated retirement benefit calculations Module 5: System Integration and Interoperability Connecting pension systems with HR, payroll, and financial platforms Use of APIs, middleware, and data exchange protocols Ensuring data consistency across integrated systems Role of blockchain and distributed ledgers in pensions Group discussion: Best practices in interoperability governance Module 6: Data Quality, Security, and Compliance Maintaining data integrity and accuracy Data protection regulations and cybersecurity controls User authentication, access management, and audit trails Regular data validation and cleansing procedures Case study: Data breach prevention in pension administration Module 7: System Customization and Configuration Adapting core systems to scheme-specific rules Parameter settings for contributions, vesting, and benefits Reporting customization and dashboard configuration Managing version upgrades and patches Practical session: Setting up rule-based pension calculation parameters Module 8: Reporting, Analytics, and Decision Support Standard and customized system reports Building dashboards for trustees, administrators, and regulators Data visualization and trend analysis in pension operations Business intelligence tools for forecasting and risk management Workshop: Creating a pension fund performance dashboard Module 9: Vendor Management and System Evaluation Selecting and evaluating pension administration software vendors Managing contracts, SLAs, and post-implementation support Monitoring system uptime, performance, and response times Conducting system audits and user acceptance testing (UAT) Exercise: Developing an evaluation checklist for pension IT systems Module 10: Future of Pension Administration Systems Cloud-based pension platforms and digital ecosystems AI, RPA, and predictive analytics in pension management Member self-service portals and mobile applications Continuous improvement and change management in technology adoption Capstone project: Designing a modernization plan for a pension administration system
Who Should Attend
Pension Administrators, IT System Analysts, Fund Managers, Operations Officers, HR and Payroll Managers, Compliance Auditors, Data Analysts, and Pension Regulators.
