Certificate in Pensions Calculations

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PMI

This course is part of the following PMI Pathways...

The Certificate in Pensions Calculations (CPC) is a qualification for pensions administrators designed to demonstrate competence in the manual calculation of benefits of occupational pension schemes.

Who is this course for?

Audience

Pensions administrators.

Assessment method

Note

The case studies for the examinations are based on three (3) fictitious pension schemes.  

Two (2) of these are final salary schemes – one of which is a CARE scheme – and the other is a money purchase scheme. 

The CARE scheme and the money purchase scheme are not contracted out whereas the other final salary scheme was contracted out for category A members until 5 April 2016.

Learners have to be able to carry out manual calculations for all three schemes. Learners also have to write at least one letter to communicate the benefits payable and request any further information required before the scheme can pay the benefits.

Study time

Calendar

The qualification comprises seven compulsory units.

 

Cost

Wallet

Examination Entry Fee (per unit) £220

Re-sit fee £200 (Membership must be up to date)

Please note: To sit this qualification you must be at least a Student member of the PMI, currently £178 (£90 from 1 April 2024 – 31 August 2024) . The student membership year runs from the 1 September to 31 August.

Final Certificate £85

Any questions?

GET IN TOUCH WITH OUR TEAM

pmiqualifications@pensions-pmi.org.uk or 02073927403 

Contact now
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Next online exam dates: 11-21 March 2024.

Applications are now closed.

 

In order to sit this exam, you must ensure you adhere to the following:

  • Ensure you have access to a working webcam as you will be remotely invigilated
  • Ensure you have appropriate IT permission to download the Testreach exam app TestReach
  • Ensure you have read our policy here before making any bookings
  • Ensure you have read the Testreach documentation under 'useful resources'
  • Ensure you are using the learning material here when revising for your exam
  • Ensure you have a look at the study skills website here, for valuable study tips

Well, what would I do without the PMI? The work I have done over the years - and the people I have been involved with - has given me so much pleasure and enjoyment!

Dominic Croft, Chief Examiner for the Certificate in Pensions Calculation