FAK 2631 Public occupational pensions
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APPLIES TO ACADEMIC YEAR 2013/2014
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FAK 2631 Public occupational pensions
Responsible for the course
Kristian Trosdahl, Ina Due-Tønnessen
Department
Department of Accounting - Auditing and Law
Term
According to study plan
ECTS Credits
7,5
Language of instruction
Norwegian
Introduction
The course is primarily intended for employees working with pension schemes which manage public occupational pension schemes. The course will also be of interest for others working with pension-related issues in the public sector, for instance employee representatives, advisers within the pension area and people with personnel responsibility within the public sector.
Learning outcome
Acquired knowledge
The aim of the course is to ensure solid basic competence for consultants and others dealing with e occupational pensions for employees in the public sector. After the course the students shall have knowledge of the rules as they are today and knowledge of the expected amendments They shall also be aware of the particular circumstances associated with public occupational pensions.
Acquired skills
They shall be able to establish rights and duties for customers and members of the pension schemes, be familiar with the main rules for harmonization and be able to calculate the specific benefits
Reflection
During the course the students are expected to become conscious of the fact that the choices they make and the advice they give in their profession are very important for other people.
Prerequisites
The course is designed to provide a good basic knowledge of the public pension area. It is therefore not necessary with prior knowledge apart from knowledge of the main differences between the various occupational pension schemes.
Compulsory reading
Books:
Trosdahl, Kristian, Ine Due-Tønnessen, red. 2012. Offentlig tjenestepensjon. BI Bank og Forsikring
Recommended reading
Course outline
Public occupational pensions in a larger perspective
Legal basis and history
Description of the market
Essential framework for life insurance, group pension scheme and pension funds
Norwegian Public Service Pension Fund Act
Insurance business Act
National Insurance Act
Harmonization Act
The Government’s Basic Collective Agreement
The Basic Collective Agreement for the Municipalities
The National Insurance
Development of the National Insurance – old and new scheme
Benefits – terms and calculation
The motives for the pension reform and duration of life adjustment
Public Pension – membership and benefits
Membership criteria
The transfer agreement
Benefits
Disability pension
Old-age pension
Early retirement
Spouse/cohabitant pension
Child’s pension
Special age limits
Taxation rules
Economics
Life insurance technique
Cash position and accounts – cost calculations
Premium rating and pension cost, premium variance
Management of pension assets
Accountancy according to various accounting standards
Computer-based tools
Access to the Internet is required. Learning platform: It's learning
Learning process and workload
Part-time
The course is conducted as distance learning with self-tuition and voluntary assignments. Intensive teaching in a four-day session, attendance is compulsory.
| Activity | Workload |
| Participation in intensive teaching 4 days | 28 |
| Preparations for lectures | 10 |
| Work on syllabus | 102 |
| Exercises/activties on its learning | 30 |
| Do hand-ins (2) | 26 |
| Exam | 4 |
| Total recommended workload | 200 |
Examination
An individual four-hour written exam concludes the course.
Examination code(s)
FAK 26311 written exam. The exam accounts for 100% of the grade in the course FAK 2631, 7,5 credits
Examination support materials
“Lov og dokumentsamling til kurs i offentlige tjenestepensjoner” published by BI Bank and Insurance
Re-sit examination
It is only possible to retake an examination when the course is next taught. All retaken examination will incur an additional fee.
Additional information