CPC Modules

Overview

Module Requirements for the CPC Credential

How Does a Module Work?

Registration Fees

Transition Rules and Module Waivers

Continuing Education (CE) Credits

Overview

As the culminating designation for the nonactuary ASPPA member, the Certified Pension Consultant (CPC) credential is intended as an opportunity for a successful candidate to demonstrate an ability to draw from his or her accumulated retirement plan knowledge and experience.

The modules will provide opportunities for analyzing and solving consulting problems that might be encountered in real-life client situations. In professional practice, more than one statutory provision or retirement plan consideration often applies and the pension consultant must be able to recognize and evaluate in depth each potential issue for his or her client.

Module Requirements for the CPC Credential

There are four core modules and four elective modules. ASPPA candidates who have completed ASPPA's QPA examination series will be required to complete 4 core modules and 2 of the 4 elective modules (in addition to the CPC proctored examination). ERPAs who have not completed ASPPA's QPA examination series will be required to complete 4 core modules and 2 elective modules, in addition to the DB and CPC examinations.

 

 Core Module

 Elective Modules 

 Distributions and Loans Module

Purchase | Syllabus

 ESOPs

Purchase | Syllabus

 Investments Module

Purchase | Syllabus

 Governmental & Tax-Exempt Plans

Purchase | Syllabus

 Fiduciary Topics Module

Purchase | Syllabus

Nonqualified Plans Module

Purchase | Syllabus

Related Groups & Business Transactions

Purchase | Syllabus 

 Cash Balance Module

Purchase | Syllabus





How Does a Module Work?

Each module is offered online. The module includes study materials and an online exam. Once registered, a candidate receive access information. The study materials are available in PDF format and are available to download and/or print from within the candidate’s learning environment.  While candidates must submit the exam online, a PDF of the exam is also included for those candidates who prefer to print the exam and use the hard copy while performing the research needed to answer the exam questions.

Each module exam consists of 20 multiple choice questions, each worth 5 points. A score of 70% or above is required to pass the examination. Candidates will receive their grades immediately upon submission of the online exam.

Once purchased, the CPC modules are available online for 180 days. These modules may be purchased at any time of the year. 

To register, a candidate must have an account with ASPPA. To create an account please click here. Candidates can register online or download the registration form and send via mail or fax to 703.516.9308.

Registration Fees

The registration fee for each module is $155 for ASPPA members and $185 for non-members. 

ASPPA offers a CPC Core Module Package, which includes registration for four core CPC modules* at a discount package rate of $470 for members and $560 for non-members. The CPC Core Package includes registration and access to the following modules:

  • Investments
  • Fiduciary Topics
  • Distributions & Loans
  • Related Groups & Business Transactions

Once registered, a candidate will receive access and login information via e-mail within 7-10 business days. 

How to Prepare for a Module Exam

A list of required reading and recommended resources has been provided in the syllabus for each module. This information should be referenced while completing the module. A candidate is welcome to use any other publications and sources available to answer these questions just as a consultant would use all available reference materials to ensure a client is provided with the correct answer. These outside resources may include but are not limited to The ERISA Outline Book, various answer books, and online services to which a candidate may subscribe.

Additionally, candidates are not prevented from discussing questions with colleagues and other professionals who may be able to assist in the learning process. Candidates should exercise care in discussing the examination with other individuals who may be planning to take the exam. While discussing the facts and principles involved in a question is certainly allowed, and often important in the learning process, the examination submitted must reflect the knowledge of the candidate.

While study time varies, the average candidate spends 5-20 hours preparing for and taking the module examination, including reading the required materials, reviewing the examination, performing research, and answering the questions.

Transition Rules and Module Waivers

Transition Rules for Candidates Who Meet Exam Requirements for QPA Credential

A candidate who has met the exam requirements for the QPA credential will only have to complete four core modules and two elective CPC modules, in addition to the CPC proctored exam.

Transition Rules for Candidates Who Have Passed C-3 or C-4 Examinations



A candidate who has passed the C-3 exam only (not C-4) will receive credit for the Investments, Distributions & Loans and Fiduciary Topics modules. These candidates will need to complete the Related Groups & Business Transactions module, two elective modules and the proctored CPC examination, in addition to the QPA exam requirements to obtain the CPC credential.

A candidate who has passed C-4 only (not C-3) will receive credit for the Related Groups & Business Transactions and two elective modules. These candidates will need to complete the Investments, Distributions & Loans and Fiduciary Topics modules and the proctored CPC examination, in addition to the QPA exam requirements to obtain the CPC credential.

ERPA Designation & CPC Credential



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 and two elective modules, in addition to the DB and CPC proctored examinations.

Continuing Education (CE) Credits

Candidates who have successfully completed an ASPPA CPC/Topical Education Module will earn 3 ARA CE credits. Credits will be applied to the CE cycle in which the score is issued. For more information on ARA examination CE credit click here.