Course Outline:

Module 1: Introduction to Pension Plans

• Overview of pension plans and their purpose
• Key terminology and concepts (e.g., defined benefit, defined contribution)
• Basic structures and features of various pension plans
• Case Study: Analyzing the structure and features of a sample pension plan

Module 2: Types of Pension Plans

• Detailed examination of different pension plan types:
  • Defined Benefit Plans
  • Defined Contribution Plans
  • Hybrid Plans
• Comparison of plan types and their benefits/risks
• Case Study: Evaluating the pros and cons of different pension plan options for a hypothetical company

Module 3: Pension Plan Regulations and Compliance

• Introduction to pension plan regulations and legal requirements
• Key regulatory bodies and their roles (e.g., ERISA, Pension Protection Act)
• Compliance requirements and best practices
• Case Study: Reviewing a pension plan for compliance with regulatory standards and identifying potential issues

Module 4: Pension Plan Administration and Management

• Basic principles of pension plan administration
• Roles and responsibilities in pension plan management
• Understanding pension plan documents (e.g., Summary Plan Descriptions, annual reports)
• Case Study: Developing a basic administration plan for a sample pension plan, including key administrative tasks and responsibilities

Module 5: Communicating Pension Benefits

• Best practices for communicating pension benefits to employees
• Crafting clear and effective pension communications
• Addressing common employee questions and concerns about pensions
• Case Study: Creating a communication plan and materials to explain a pension plan to employees, including FAQs and informational brochures