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Qualified Pension Administrator (QPA)
Credential Overview
Education Requirements
Experience Requirements
QPA Summary
ERPA Designation
Apply for Credential
Continuing Professional 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. QPA's 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 retirement plan 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:
Member $2969
Non-Member $3250 |
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Experience: 2 years |
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Avg Time to Obtain: 2 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, 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 Continuing Professional Education (CPE) requirements for QPA are deemed to be satisfied.
An ERPA who has been awarded the QPA credential and wants to pursue the CPC credential will need to complete the four core CPC modules, two elective modules in addition to the DB and CPC proctored examinations.
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.
For more information about ASPPA membership please click here.
Credential Continuing Professional Education Requirements
All credentialed members must acquire 40 hours of Continuing Professional Education (CPE) credits (2 of these must be Ethics) in a two-year-cycle as well as renew your ASPPA Membership annually to retain credentials. For more information please click here.