Retirement Fund Benefits Legislative Impact Training

Learning Outcomes

• Apply the key provisions of the Pension Funds Act and related legislation to retirement fund benefit administration.
• Analyze the impact of regulatory changes on retirement fund benefits and member communication.
• Evaluate compliance requirements for retirement funds under South African law.
• Demonstrate the ability to calculate minimum benefits and handle withdrawals, transfers, and retirements in line with legislation.
• Implement procedures for managing death benefits and divorce orders as per regulatory requirements.
• Assess the role of the Registrar of Pension Funds and the Financial Sector Conduct Authority in fund governance.

Target Audience

This course is designed for human resources professionals, pension fund administrators, compliance officers, and employee benefit consultants who need to apply legislative requirements to retirement fund benefits.

Prerequisites

None — open enrollment.

Course Outline

Practicals

Overview

Practical sessions reinforce theoretical knowledge through hands-on exercises in benefit calculations, compliance documentation, and scenario-based problem-solving. Learners work in groups to apply legislative provisions to realistic case studies, simulating fund administration tasks.

Practical Activities

• Benefit Calculation Workshop — Learners calculate withdrawal, retirement, and death benefits using provided fund rules and member data, applying tax and preservation rules. (3h)
• Compliance Documentation Exercise — Learners review and complete compliance documents such as fund rule amendments, section 37C death benefit distribution forms, and reporting templates. (2h)
• Scenario-Based Case Study Analysis — Groups analyse complex case studies involving divorce, insolvency, or multiple fund transfers, and present their legislative reasoning and benefit calculations. (3h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.