Pension and retirement benefits

Course description

This course focuses on effective social security system and provides the background to pension schemes. It distinguishes between social insurance and private individual insurances. It outlines the key issues involved in the organization of social security schemes and discusses the characteristic features of the main employee benefit schemes.

Course objectives

1. To explain the nature and function of retirement plans
2. To explain the various types of plans available and the different pension plans
3. To explain the different financing scheme and the various tax benefits and limitations

Learning outcomes

Upon successful completion of the course, the student will be able to:

1. Describe the various provisions of pension plan
2. Advise the clients about the type of retirement plans they can enter into
3. Advice clients and the prospective retirement income needs and resources
4. To use all the different financing schemes
5. To compute the various tax advantages and limitations.

Further reading

Clasen, J. (1997). Social insurance in Europe. policy Press.

Mars-Proietti, L. (2009). Guide to life & annuity insurers. The street. com Ratings.

Parsloe, P. (1999). Risk assessment in social care and social work, (1st ed.) Jessica Kingsley Publishers.

Yates, j. (2008). structuring the information age: life insurance and technology in the twentieth century. Johns Hopkins University press.

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