Pensions and Retirement Training Course on Funding Methods and Contribution
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 equips participants with in-depth knowledge of pension funding methods and contribution strategies. It covers the principles of sustainable funding, regulatory frameworks, actuarial assumptions, and practical techniques for designing and managing contribution structures in both Defined Benefit (DB) and Defined Contribution (DC) plans.
Secure enrollment • Professional certificate included
Learning Objectives
By the end of the course, participants will be able to:
Understand key funding methods and contribution strategies in pension plans.
Apply actuarial assumptions and methodologies to calculate contributions.
Evaluate funding status and plan sustainability under different scenarios.
Design contribution strategies that balance affordability and benefit security.
Manage surplus and deficit situations effectively.
Comply with regulatory requirements and reporting standards.
Communicate funding policies and results to trustees and stakeholders.
Course Content
Module 1: Introduction to Pension Funding and Contributions Overview of pension funding principles Importance of contributions for plan sustainability Types of pension plans and their funding implications (DB, DC, hybrid) Regulatory and professional standards for funding Case study: Impacts of underfunding on pension plans Module 2: Actuarial Principles in Funding Role of actuarial assumptions in contribution calculations Mortality, longevity, salary growth, and interest rate assumptions Funding target and funding ratio concepts Exercise: Calculating basic funding requirements for a sample plan Module 3: Funding Methods for Defined Benefit Plans Pay-As-You-Go (PAYG) funding method Pre-funding and actuarial reserve approaches Entry Age Normal and Projected Unit Credit funding methods Evaluating pros and cons of each method Practical exercise: Applying different funding methods to a DB plan Module 4: Funding and Contribution Strategies for Defined Contribution Plans Employee and employer contribution structures Matching contributions and auto-enrollment considerations Investment-linked contribution strategies Case study: Designing DC plan contributions for participant engagement Module 5: Determining Contribution Levels Calculating normal and supplementary contributions Handling plan amendments, benefit increases, and early retirement options Adjusting contributions for funding deficits or surpluses Practical exercise: Contribution calculation under different scenarios Module 6: Risk Assessment in Funding Identifying funding risks: market, longevity, interest rate, and demographic risks Stress testing and scenario analysis for contribution adequacy Sensitivity analysis of funding assumptions Workshop: Evaluating funding risk for a sample pension plan Module 7: Managing Surplus and Deficit Strategies for addressing funding deficits Managing surplus and avoiding overfunding Regulatory compliance and minimum funding requirements Case study: Corrective actions for underfunded and overfunded plans Module 8: Regulatory and Accounting Considerations Legal requirements for funding and contributions Reporting standards (IAS 19, IFRS, local regulations) Fiduciary responsibilities of trustees and plan sponsors Practical exercise: Preparing funding reports in compliance with regulations Module 9: Communication and Stakeholder Engagement Communicating contribution strategies to employees and trustees Reporting funding status and implications of contribution changes Visualization tools for effective communication Group exercise: Drafting a funding communication report Module 10: Case Studies and Practical Applications Real-world examples of funding challenges and solutions Group simulation: Calculating contributions, assessing funding risk, and recommending strategies Developing actionable funding plans for sustainability Final discussion, review, and certification
