2017 Pension Administrator Training
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Pension Administrator Program Overview
The Pension Administrator Certification (PAC) Program is designed for those individuals in local government who are responsible for daily tasks related to te management of the 600+ Police and Fire Pension plans in the State of Illinois. Such tasks include payroll setup, benefit program setup, and benefit processing and reporting. Any individual who is responsible for such tasks, regardless of job title, shall be eleigble to pursue the certification.
The goal of the certification program is to help ensure that pension adinistrators understand the ever-changing and complex duties and responsibilites necessary to properly maintain the police and fire pension records. The Pension Administrator typically works in conjunction with a Retirement Coordinator, with whom responsibilities are closely aligned but whose emphasis lies more on the retirement aspects of the individual. The Illinois Public Pension Fund Association (IPPFA) offers a "certified Trustee" program for those who serve as trustees to the publc pension plans.
The Pension Administrator Certification is a stand alone program offered by the Illinois Municipal Treasurers Association (IMTA). It is not directly affiliated with the Certified Illinois Municipal Treasurer (CIMT) program offered by the IMTA to those with traditional treasurer/finance positions. As a result, the Association for Public Treasurers (APT) has not been consulted on this potential program.