Job Description
Are you an expert in federal retirement systems looking to make a tangible impact on the lives of millions of Americans? The Federal Benefits Administration (FBA) is seeking a highly skilled and detail-oriented Federal Pension Plan Administrator to join our dynamic team in Baltimore, MD.
In this pivotal role, you will oversee the administration of federal pension plans, ensuring accurate calculations, compliance with federal regulations, and exceptional service to beneficiaries. You will serve as a subject matter expert on the Federal Employees Retirement System (FERS) and Civil Service Retirement System (CSRS), working in a fast-paced environment that requires precision and a deep understanding of government benefits.
If you are driven by public service and possess a knack for complex financial analysis, we invite you to apply and help shape the financial security of our nation's workforce.
Responsibilities
- Manage Pension Calculations: Review and process pension requests, ensuring all calculations align with current federal statutes and agency policies.
- Client Advisory: Provide expert guidance and resolution to beneficiaries regarding retirement eligibility, survivor benefits, and lump-sum options.
- Compliance & Auditing: Conduct regular audits of pension records to identify discrepancies and ensure adherence to OPM and GAO standards.
- System Optimization: Collaborate with IT teams to update pension administration software and improve workflow efficiency.
- Policy Interpretation: Interpret complex legislative changes regarding federal retirement benefits and communicate them clearly to staff and the public.
Qualifications
- Education: Bachelor’s degree in Finance, Accounting, Human Resources, or a related field is required.
- Experience: Minimum of 4-6 years of experience in pension administration, retirement planning, or federal benefits processing.
- Knowledge: In-depth understanding of FERS and CSRS systems, Thrift Savings Plans (TSP), and Social Security coordination.
- Skills: Strong analytical skills with the ability to interpret complex regulations and attention to detail in data entry.
- Communication: Excellent written and verbal communication skills, with the ability to explain technical concepts to non-technical audiences.