Background:

Hetta Institute for International Development (HIID) is a USA-based professional educational corporation specializing in human capacity building. The Institute specializes in helping the mid and senior-level executives, particularly those from the developing countries, to upgrade their skills. HIID was founded in 2001 and registered with Arizona Corporation Commission, Phoenix, Arizona, USA. Hetta Institute for International Development is also registered with the New Jersey Department of the Treasury Division of Revenue and Enterprise Services. HIID also partners with the Center for Executive Training and International Development (CETID), a professional training provider in sustainable development, registered and based in Manhattan, New York City, USA. Since 2001, HIID has provided short term training courses to hundreds of high-ranking government and corporate officials.

Course Description:

The course “Retirement Benefits and Pension Funds Administration Training for Civil Servants” is designed to enhance the competencies of individual officers who manage public funds at various levels to achieve organizational goals and objectives. The course introduces participants to the fundamental concepts of public pension fund management, pension schemes, and reforms, structures of fund management, best practices, and case studies. The course then introduces participants to different methods and techniques used for analyzing and evaluating fund management in the civil service.

Course Learning Objectives:

The objective of this course is to enhance the participants’ skills and understanding to analyze in-depth the management and implementation of public pension fund programs to achieve organizational objectives.

Course Content:

The course is organized in a workshop setting facilitated by seasoned professional facilitators with practical experience in the public and private sectors. The 2-week course is organized into the following modules:

Course outlines:

The course “Retirement Benefits and Pension Funds Administration Training for Civil Servants” has some of the following key areas of learning:
  • Explaining the fundamental concepts of Civil Service and public pension fund.
  • A case study of historical development of pension fund scheme in Africa
  • Why the pension fund scheme
  • Pension scheme reforms trend in the civil service
  • Structure of the pension fund management
  • Differences between civil servants pension funds and the corporate private pension funds
  • Types of pension scheme – individual account
  • Life insurance policy
  • Public pension funds challenges and benefits
  • Pension Fund management risks
  • Structure and management of the new pension scheme
  • Governance of pension fund – the minister, the board, fund manager, the employees. The employer, the stakeholders
  • Characteristics of the pension plan
  • Issues of investment and funding
  • Good practices in civil servants pension funds management
  • State and local public retirement programs
  • The underlining principles of the National Pension Fund Reform
  • Contributors to the pension fund management
  • Using different methods and techniques for analyzing and evaluating the fund management program
  • The case study of successful pension fund management
  • Computer training with a brand new laptop to take home
  • Site visits

Learning Outcomes:

At the end of the course, participants should be able to:
  • 1. Describe the concepts and principles of “Retirement Benefits and Pension Funds Administration” as related to the public sector.
  • 2. Identify and use appropriate tools and models to analyze pension management impact and accomplishments for the stakeholders.
  • 3. Write a comprehensive evaluation and monitoring program report to the stakeholders.
  • 4. Enhance course participants’ skills in the governance of pension management in the civil service.

Learning Methodology:

The course is delivered in a workshop setting facilitated by seasoned professional facilitators with practical experience. Active participation is required and key to the success of the workshops. Other methods used in this course include case studies and problem-solving exercises. Assessment of participant’s performance will be measured through effective class participation, group presentation, group project, and class attendance. This course combines presentations, lectures, class discussions, group presentation, and problem-solving exercises.

Who should attend?

The course is intended for financial officials in the public sector and administrators in the trust fund development industry as well as anyone who has the responsibility for managing public funds, trust funds, budgeting, pay and wage sector of the financial services. Senior public officials, managing directors of private organizations, project managers, senior project consultants, heads of departments, supervisors, personnel officers, senior government staff, and other personnel as deemed appropriate by management.

Course Duration:

2 weeks

Training Locations and Scheduled Dates:

Phoenix, Arizona, USA; Jersey City, NJ, USA: June 15-26; October 19-30, 2020; Washington DC, USA: Feb 17-28, 2020

Course Fees:

Course fee for 2 weeks is $4,850 USD. The course fee covers the following: instruction, course materials, administration expenses, field trips, cultural programs, and miscellaneous program-related expenses.

How to Register:

To participate in this course, the applicant must:
  • 1. Send a completed application form
  • 2. Have a bachelor’s degree/or have relevant work experience at senior management level
  • 3. Be nominated by the head of his/her department
  • 4. Be a senior member of the organization
  • 5. Demonstrate a devoted interest in the course
  • 6. Have proof of English proficiency
  • 7. Demonstrate proof of financial sponsorship for the course