Job Description
Are you an expert in Federal Retirement Systems? We are seeking a highly skilled and detail-oriented Federal Pension Specialist to join our Long Beach office. In this pivotal role, you will manage the pension calculation and disbursement process for federal employees, ensuring compliance with strict federal regulations while delivering exceptional service.
Join a stable federal agency committed to employee well-being. We offer competitive salaries, comprehensive health benefits, and a supportive work environment in the heart of Long Beach, CA.
Why Join Us?
- Weekly Pay: Enjoy the financial security of bi-weekly pay cycles.
- Federal Benefits: Access to robust health, dental, and vision insurance.
- Career Growth: Clear pathways for advancement within the federal civil service.
- Modern Environment: Work in a state-of-the-art facility with a diverse team.
Responsibilities
- Calculate and process federal pension benefits for retirees and active employees, ensuring 100% accuracy in accordance with FERS and CSRS guidelines.
- Conduct comprehensive retirement counseling sessions to advise federal employees on their pension eligibility, vesting, and payout options.
- Review and approve pension applications, resolving discrepancies and auditing records for compliance with federal standards.
- Collaborate with the Office of Personnel Management (OPM) and internal HR teams to resolve complex pension inquiries and appeals.
- Maintain accurate and up-to-date records of all pension transactions, contributions, and beneficiary designations in the HRIS system.
- Prepare and present quarterly reports on pension fund status and employee retirement trends to senior management.
- Stay current on changes to federal legislation regarding retirement planning and adjust internal processes accordingly.
Qualifications
- Bachelor’s degree in Finance, Human Resources, Accounting, or a related field is required.
- Minimum of 5 years of experience in Federal Benefits Administration, specifically with FERS or CSRS pension systems.
- Deep understanding of the Federal Employees Retirement System (FERS) and Social Security Administration (SSA) regulations.
- Strong analytical skills with the ability to interpret complex actuarial data and pension formulas.
- Excellent verbal and written communication skills, with the ability to explain technical pension concepts to non-technical audiences.
- Proficiency in HRIS software (e.g., PeopleSoft, Workday) and Microsoft Office Suite.
- Must be a U.S. Citizen and pass a mandatory background investigation and security clearance.