Training Options

PFPC offers retirement software training classes throughout the year to provide new users a complete overview of the software and pointers on how to make maximum use of its many unique features. Through this training, you can return to your organization prepared to begin using the software immediately.

The powerful combination of detailed documentation, user-friendly screens, intensive training, and follow-up support from the professionals on the PFPC staff provides a solid base to begin using the software.

Training At Our Facility

PFPC provides the equipment, materials and professional staff to acquaint you with everything from PC commands to an actual case study. Classes are held at our office in Rockville, Maryland.

All classes cost $300 per day for the first attendee and $200 per day for each additional attendee at the same session. The fee for the session includes training materials and lunch each day. A $100 non-refundable deposit is required. A minimum of three attendees is required to hold the class. If the minimum is not met, the class will be cancelled and all funds returned.

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Training At Your Facility

PFPC will provide standard or custom training at your facilities. These classes cost $1000 per day, plus travel expenses.

2002 Schedule for DB Training Classes

January Mon Tue Wed Thu Fri
Beginning DBVAL 21 22 23 .. ..
GRT .. .. .. 24 ..
Windows DBVAL 28 .. .. .. ..
February Mon Tue Wed Thu Fri
Entry Point Programming 4 5 .. .. ..
Gain & Loss Analysis .. .. 6 7 ..
Beginning OPEVS 11 12 .. .. ..
March Mon Tue Wed Thu Fri
Beginning DBVAL 4 5 6 .. ..
Stochastic Projections .. .. .. 7 ..
Beginning OPEVS .. .. .. 14 15
April Mon Tue Wed Thu Fri
Beginning DBVAL 8 9 10 .. ..
May No classes scheduled
June Mon Tue Wed Thu Fri

Entry Point Programming

3 4 .. .. ..
Gain & Loss Analysis .. .. 5 6 ..
Beginning DBVAL 10 11 12 .. ..
Beginning OPEVS .. .. .. 13 14
July Mon Tue Wed Thu Fri
Beginning DBVAL 15 16 17 .. ..
GRT .. .. .. 18 ..
August Mon Tue Wed Thu Fri
Beginning OPEVS 19 20 .. .. ..
September Mon Tue Wed Thu Fri
Beginning DBVAL 9 10 11 .. ..
GRT .. .. .. 12 ..
Entry Point Programming 23 24 .. .. ..
October Mon Tue Wed Thu Fri
Beginning OPEVS .. 1 2 .. ..
Intro. to FORTRAN 95 .. .. 2 3 ..
Gain & Loss Analysis 14 15 .. .. ..
Stochastic Projections .. .. 16 .. ..
November No classes scheduled
December Mon Tue Wed Thu Fri
Beginning OPEVS 2 3 .. .. ..

***All Scheduling Is Subject To Change***

We try to remain as flexible as possible with our training so that you can concentrate on topics that are most applicable to your needs. With this in mind, the standard training sessions can be modified. If the scheduled dates are not convenient, but employees on your staff need training, please notify PFPC and we will try to accommodate you.

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Beginning DBVAL

First Day:

  • Menus and screens
  • Data preparation
    • Database items
    • Database design
    • Importing external files
    • Global edit
    • FLASH
Second Day:
  • Plan specifications
  • Actuarial assumptions
  • Rates & factors
    • Update rate library
    • Tables of annuities and option factors
  • Valuation
    • Headings, groups, sample lives
    • What to do if the job aborts
Third Day:
  • Valuation output
    • Checking Sample Lives
    • Interpreting Results
  • Entry point programming
  • Data tables
  • Social Security calculations
  • Covered compensation tables
  • RGEN (Report Generator)
  • Valuation report & FAS 87/132 report

Introduction To Fortran 95 With DBVAL Applications

2 days - Introductory FORTRAN 95 programming with an emphasis on applications in DBVAL II. Recommended for people who have programmed in another language or who need to refresh their knowledge of FORTRAN.

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DBVAL Entry Point Programming

2 days - Valuation and benefit formula coding techniques for experienced DBVAL users.

DBVAL Windows Version

Agenda

  • Introduction to enhancements
  • Windows conventions, screens
  • Converting cases
  • Documentation
  • Database
  • Installation, rate library
  • Small plans, wizards

Stochastic Projections

  • Purpose
  • What are the random factors?
  • Simulation valuation report
  • Algorithm and steps
  • Get started or redo
  • Screens and parameters
  • Specifications
  • Global edit file D_EDIT.SIM
  • What is available for you to use in DBVAL.SRC?
  • Output files and statistical summaries
  • Tables
  • Combining two or more simulation runs

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Gain & Loss Analysis

First Day

  • Explain gain & loss analysis theory
  • Data preparation
  • Valuation documentation
Second Day
  • Valuation output
  • Sample life calculations
  • Valuation process
  • User entry point considerations
  • Special situations (lump sums, etc.)

GRT

  • Overview of 401(a)(4) and 410(b) compliance testing
  • DB accrual rates
    • Normalizing the benefit
    • Most valuable benefit
    • Permitted disparity
  • DB testing
    • Rate bands
    • Rate segments
    • 70% rule
  • DC accrual rates
  • DC testing
  • DC cross-testing
    • Converting the normal benefit
    • Most valuable benefit
    • Permitted disparity
    • Testing differences
  • DB cross testing
  • Aggregate testing
  • Combination tests

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OPEVS

First Day

  • Installation: How installation works
  • Overview of OPEVS: FAS 106, post-retirement health benefits, OPEVS
  • How to use
    • Menus and screens
    • Online help
  • Employee data: detailed use of database
  • Valuation process
    • Overview of valuation menus and screens
    • Detailed case study - MODEL I
Second Day
  • Valuation process: review detailed case study - MODEL II & III
  • Output
    • Review of all output files
    • Details of sample life output
  • Rate libraries: How to store and use rates
  • Entry point
    • Review of all entry points
    • Examples of commonly used entry points
  • Valuation process: pre-processor
  • RGEN: details of report generator

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© 2001 PFPC Worldwide Inc. All rights reserved.
A member of The PNC Financial Services Group

 
 
 
 
 

DB Training

Training At Our Facilities

Training At Your Facilities

2002 Training Schedule

Beginning DBVALTM

Introduction to Fortran 95

DBVAL Entry Point Programming

DBVAL Windows

Stochastic Projections

Gain & Loss Analysis

OPEVSTM

GRTTM

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