What does CEBS mean in EMPLOYMENT

A CEBS is a Certified Employee Benefits Specialist, a professional designation granted by the International Foundation of Employee Benefit Plans (IFEBP). They are experts in employee benefits planning and management who understand the laws that govern employee benefits, as well as what it takes to offer meaningful benefits to employees.

To become a CEBS, you must first enroll in the IFEBP's CEBS program. This consists of five courses covering topics such as group benefits management, government regulation, retirement plans and risk management. Upon completion of these courses and passing required examinations, you will be awarded your CEBS designation.

Certified Employee Benefits Specialists have extensive knowledge of employee benefit plans and law governing their administration. They also understand best practices for providing meaningful benefits to workers, such as health insurance, retirement plans and disability coverage. In addition, they are knowledgeable about plan design strategies to maximize employer contributions while minimizing costs for both employers and employees.

CEB specialists may provide services such as managing benefit programs; advising employers on best practices for designing cost-effective benefit packages; developing flexible spending accounts; reviewing current benefit offerings; creating policies related to worker payment systems; conducting research into new programming possibilities; or providing technical assistance or training for brokers or administrators handling employee compensation issues.

Yes! There are two additional certifications offered by the International Foundation of Employee Benefit Plans — Group Benefits Associate (GBA) and Retirement Plans Associate (RPA). The GBA focuses on provides advanced education in international group benefit design while RPA focuses on more specialized knowledge related to pension plan operations, regulations, investments and communications.