Job Description
We are urgently hiring a detail-oriented and experienced Federal Pension Plan Specialist to join our dynamic team in Baltimore, MD. In this pivotal role, you will be responsible for the accurate administration, calculation, and projection of federal retirement benefits for a diverse client base. You will ensure full compliance with FERS, CSRS, and other federal pension regulations while providing exceptional service to government employees navigating their retirement years.
Why Join Us?
• Competitive salary and comprehensive benefits package.
• Opportunity to work with cutting-edge federal payroll systems.
• Collaborative and supportive work environment in the heart of Baltimore.
Responsibilities
- Perform complex pension calculations, including annuity projections, survivor benefits, and deferred retirement estimates.
- Review and audit employee service records and pension forms to ensure accuracy and compliance with federal guidelines.
- Provide expert consultation to federal employees regarding retirement eligibility, vesting, and healthcare coverage under the Federal Employees Health Benefits (FEHB) program.
- Coordinate with the Office of Personnel Management (OPM) and other federal agencies to resolve pension discrepancies and benefit inquiries.
- Prepare detailed reports and summaries for management and clients regarding pension fund status and individual benefit projections.
- Maintain up-to-date knowledge of changing federal laws and regulations impacting pension administration.
- Assist in the migration and management of legacy pension data systems.
Qualifications
- Bachelor’s degree in Finance, Accounting, Human Resources, or a related field (Master’s preferred).
- Minimum of 3-5 years of experience in federal benefits administration, pension management, or actuarial science.
- Deep understanding of FERS (Federal Employees Retirement System) and CSRS (Civil Service Retirement System) rules and regulations.
- Proficiency in Microsoft Office Suite, particularly advanced Excel functions (pivot tables, VLOOKUP) and pension software.
- Strong analytical skills with a high degree of attention to detail and accuracy.
- Excellent verbal and written communication skills for client-facing interactions.
- Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.