Job Description
Are you looking for a stable and rewarding career in the Federal sector? Federal Workforce Solutions is currently seeking a highly skilled and detail-oriented Pension Specialist to join our team in Detroit, Michigan.
We are committed to excellence in public service and employee benefits. In this role, you will play a critical part in ensuring the accuracy and timeliness of federal pension calculations and retirement planning for our workforce. If you have a strong background in finance or government benefits and are looking for daily pay opportunities with a top-tier organization, we want to hear from you.
Why Join Us?
- Competitive Salary: Earn between $55,000 and $75,000 annually based on experience.
- Daily Pay Option: Get paid faster with our flexible pay structure.
- Growth Opportunities: Clear pathways for career advancement within the federal sector.
- Comprehensive Benefits: Health, dental, vision, and retirement plans.
Responsibilities
- Analyze employee data to calculate and process federal pension benefits accurately, including FERS and CSRS plans.
- Review and update personnel files to ensure compliance with federal retirement regulations and policies.
- Provide detailed counseling and guidance to employees regarding retirement eligibility, vesting, and benefit projections.
- Collaborate with the HR team to resolve complex pension discrepancies and answer inquiries from staff.
- Maintain accurate records of pension transactions and prepare monthly reports for management.
- Stay updated on changes in federal tax laws and retirement legislation to ensure ongoing compliance.
- Assist in the administration of supplemental pension plans and 401(k) matching programs.
Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Minimum of 3-5 years of experience in pension administration, benefits management, or a similar role within the public sector.
- Strong working knowledge of Federal Employee Retirement System (FERS) and Social Security regulations.
- Excellent analytical skills with a keen attention to detail and accuracy.
- Proficiency in using HRIS software (e.g., PeopleSoft, SAP, Workday) and Microsoft Office Suite.
- Strong communication skills, with the ability to explain complex financial concepts to non-financial staff.
- Ability to work independently and manage multiple priorities in a fast-paced environment.