Job Description
We are seeking a detail-oriented and strategic Pension Plan Specialist to join our federal team in Sacramento, CA. In this pivotal role, you will oversee the administration and management of federal retirement plans, ensuring compliance with OPM regulations while providing exceptional service to our diverse workforce. This is a high-impact position offering stability, competitive benefits, and the opportunity to shape the financial futures of federal employees.
While our primary office is in Sacramento, we are actively recruiting talent available to work from our Florida regional hubs or via remote arrangements. If you are passionate about public service and federal benefits, we want to hear from you.
Why Join Us?
- Competitive Salary: Salary commensurate with experience, typically between $70k and $95k.
- Comprehensive Benefits: Full medical, dental, and vision coverage.
- Retirement Security: Participation in the Federal Employees Retirement System (FERS) with matching contributions.
- Work-Life Balance: Generous leave policies and flexible scheduling options.
Responsibilities
- Administer federal pension plans, including FERS and CSRS, ensuring accurate processing of retirements and benefits.
- Conduct detailed reviews of employee service records and payroll data to calculate pension eligibility and estimates.
- Provide expert guidance to federal employees regarding retirement options, survivor benefits, and health insurance coordination.
- Ensure strict compliance with all federal regulations, OPM guidelines, and agency internal policies.
- Manage correspondence and inquiries regarding pension discrepancies, retirement applications, and Thrift Savings Plans (TSP).
- Collaborate with the Office of Personnel Management (OPM) and state agencies to resolve complex benefit issues.
- Train HR staff and management on updates to federal pension legislation and procedural changes.
Qualifications
- Bachelor’s degree in Finance, Human Resources, Business Administration, or a related field is required.
- Minimum of 3-5 years of experience in federal benefits administration, pension management, or actuarial science is strongly preferred.
- Certification as a Certified Federal Benefits Specialist (CFBS) or SHRM-CP/SP is a plus.
- Deep understanding of the Federal Employees Retirement System (FERS), Social Security, and Thrift Savings Plan (TSP).
- Excellent analytical skills with the ability to interpret complex regulations and apply them to individual cases.
- Strong verbal and written communication skills, capable of explaining complex pension concepts to non-technical audiences.
- Proficiency in federal HR software (e.g., iSkills, EOP) and Microsoft Office Suite.