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The B1 Certification Exam is a computer-based test that consists of 80 multiple-choice questions. Candidates have two hours to complete the exam, and a passing score of 70% is required to earn the certification. B1 exam is administered at Pearson VUE testing centers worldwide, and candidates can register for the exam on the WorldatWork website. The cost of the exam varies depending on whether the candidate is a member of WorldatWork or not.
The B1 exam covers a wide range of topics related to the regulatory environments for benefits programs, including the Employee Retirement Income Security Act (ERISA), the Affordable Care Act (ACA), the Family and Medical Leave Act (FMLA), and the Americans with Disabilities Act (ADA). Candidates will be tested on their knowledge of these laws and their ability to apply them in real-world situations.
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WorldatWork B1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Retirement Plan Regulations | 20% | - Vesting, funding, and distribution rules - Qualified plan requirements and tax qualification rules - Reporting to IRS, DOL, and PBGC |
| Legislative & Regulatory Framework | 30% | - Internal Revenue Code (IRC) provisions for qualified plans - ERISA: Structure, fiduciary duties, reporting and disclosure - Federal laws: ACA, HIPAA, COBRA, FMLA, ADA |
| Compliance Management & Emerging Issues | 10% | - Risk mitigation and audit preparation - Recent regulatory updates and trends |
| Health & Welfare Plan Compliance | 25% | - Section 125, 129, and cafeteria plans - Privacy and security requirements under HIPAA - Plan design, eligibility, and continuation coverage |
| State & Cross-Jurisdictional Rules | 15% | - State-specific mandates and variations - Multi-state benefit administration challenges |
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