Job Description
Urgent Hiring Opportunity: Federal Pension Plan Specialist
We are seeking a highly analytical and detail-oriented Federal Pension Plan Specialist to join our dynamic team in San Jose, CA. In this pivotal role, you will be responsible for the administration, analysis, and strategic oversight of federal retirement and pension plans. You will ensure compliance with federal regulations while providing exceptional service to our employees regarding their retirement benefits. This is an immediate opening for a dedicated professional looking to make a significant impact within the federal sector.
Why Apply?
- Competitive Salary: $75,000 - $95,000 USD annually.
- Comprehensive Benefits: Includes a robust federal pension plan, health, dental, and vision insurance.
- Job Security: Permanent position with the U.S. Federal Government.
- Professional Growth: Opportunities for advancement within the federal benefits administration system.
Join us in securing the financial future of federal employees across the nation. If you have a passion for finance and public service, we want to hear from you.
Responsibilities
- Pension Administration: Manage the end-to-end lifecycle of federal pension plans, including contribution processing, benefit calculations, and disbursements.
- Compliance Oversight: Ensure all pension activities adhere to the Federal Employees' Retirement System (FERS) and Internal Revenue Code (IRC) regulations.
- Data Analysis: Analyze pension data trends to identify discrepancies, optimize plan performance, and prepare detailed reports for executive leadership.
- Employee Consultation: Serve as a subject matter expert for employees regarding pension eligibility, vesting schedules, and withdrawal options.
- Process Improvement: Develop and implement streamlined procedures to enhance efficiency in the pension processing unit.
- Regulatory Updates: Monitor legislative changes impacting federal retirement benefits and update internal policies accordingly.
Qualifications
- Education: Bachelor’s degree in Finance, Accounting, Human Resources, or a related field required; Master’s degree preferred.
- Experience: Minimum of 3-5 years of experience in federal benefits administration, pension plan management, or actuarial analysis.
- Knowledge: Deep understanding of FERS, CSRS, and other federal retirement systems.
- Skills: Proficiency in Microsoft Office Suite (Excel, Access) and experience with HRIS software (e.g., PeopleSoft, SAP).
- Certifications: Professional in Human Resources (PHR) or Certified Retirement Counselor (CRC) preferred.
- Communication: Exceptional verbal and written communication skills with the ability to explain complex financial concepts to non-financial audiences.