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What you'll be able to do (official learning outcomes)
identify factors influencing choice of benefits design
review the reasons for eligibility criteria a sponsor might set for membership of the scheme
differentiate between defined benefit and defined contribution scheme
identify various features of defined benefit and defined contribution
demonstrate good knowledge of computation of annuity rates; and 72
demonstrate adequate knowledge of Nigeria pension reform act, 2004 as amended
Course contents
Pension scheme design. Factors influencing the choice of benefit design. Eligibility criteria for membership of the scheme. Forms of benefits. Main types of benefit scheme. Risk and uncertainty. Main risks for the beneficiaries. Financing benefits scheme. Defined contribution pension. Features and phases of DC.
Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study ACS 402.