Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSUP432 Mapping and Delivery Guide
Determine impact of social security entitlements on retirement income
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSSUP432 - Determine impact of social security entitlements on retirement income |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to determine the implications of possible social security entitlements in calculating an individual’s retirement income stream. It does not include the provision of personal financial advice to an individual.The unit applies to those who use specialised industry knowledge and systematic approaches to analyse numerical information, process financial information and maintain quality standards.No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry. This includes access to: organisational equipment, technology, software and consumables organisational policies and procedures. Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Research eligibility requirements for accessing social security entitlements |
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Element: Apply means testing rules |
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Element: Determine deemed income on retirement entitlements |
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