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Qualified Pension Administrator (QPA)
Credential Overview
Education Requirements
Experience Requirements
QPA Summary
ERPA Designation
Apply for Credential
Continuing Education Requirements
Credential Overview
The Qualified Pension Administrator (QPA) credential was created by ASPPA to recognize professionals who are qualified to perform the technical and administrative functions of qualified plan administration. QPAs assist employers, actuaries, and consultants in performing functions such as determination of eligibility benefits, computation of benefits, plan recordkeeping, trust accounting and disclosure, and compliance requirements.
Education Requirements
Earning ASPPA's QPA credential requires successful completion of the following examinations:
Experience Requirements
A minimum of two years experience in pension related matters is required along with completion of ASPPA’s QPA examination series to be a candidate for this credential.
QPA Summary
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Average Cost to Obtain: Cost of QKA + $1,100 |
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Experience: Average of 3-5 years |
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Hours of Study Time: 200 hours |
ERPA Designation & QPA
Once you are granted enrollment as an ERPA by the IRS, you can then submit an application for status as an ASPPA QPA credentialed member (you will be required to provide your ERPA Enrollment number issued by the IRS). QPA examination requirements (RPF-1, RPF-2, DC-1, DC-2, DC-3 and DB) will be waived for purposes of obtaining the QPA credential. As with all ASPPA credential membership applications, the ASPPA Board will review and upon approval you will be granted credentialed member status and will be awarded the QPA credential. You will need to meet all requirements as a credentialed ASPPA member moving forward, however, as long as you maintain your enrollment as an ERPA, the CE requirements for QPA are deemed to be satisfied.
Apply for Credential
Applying for ASPPA credentialed membership requires submission of the appropriate form and a letter of recommendation from each reference that verifies the necessary work experience requirement.
Applications are processed on an ongoing basis. The ASPPA Board of Directors approves new credentials once a month. Applicants are mailed scheduled approval date notices and notified by mail once the applications for credentials are approved.
For more information about ASPPA membership please click here.
Credential Continuing Education Requirements
All credentialed members must acquire 40 hours of Continuing Education (CE) credits in a two-year-cycle as well as renew your ASPPA Membership annually to retain credentials. For more information please click here.