Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSUP412 Mapping and Delivery Guide
Determine impact of social security entitlements on retirement income
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSSUP412 - 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 benefits in calculating an individual’s retirement income stream. It does not include the provision of personal financial advice to an individual.It applies to individuals who use specialised industry knowledge and systematic approaches to analyse numerical information accurately to complete tasks that meet organisational procedures. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the superannuation field of work and include access to: office 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 benefits |
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Element: Apply means testing rules |
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Element: Determine deemed income on retirement benefits |
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