Job Description
Immediate Hire Opportunity!
We are seeking a highly skilled and detail-oriented Government Pension Plan Administrator to join our team in Albuquerque, NM. In this pivotal role, you will be responsible for the accurate administration and management of state pension plans, ensuring the financial security of our retirees and the integrity of our retirement systems.
Join a stable government organization with competitive benefits, a robust pension plan, and a commitment to public service. If you have a strong background in retirement planning and compliance, we want to hear from you.
Responsibilities
- Administer state pension plans and retirement benefits for eligible employees with precision and adherence to federal and state regulations.
- Process retirement applications, calculate final compensation, and issue pension payments accurately and on time.
- Conduct actuarial analysis and provide recommendations regarding pension fund sustainability and cost-of-living adjustments.
- Advise retirees and active employees on pension plan rules, eligibility requirements, and benefit calculations.
- Maintain up-to-date records of employee contributions, vesting schedules, and benefit projections.
- Collaborate with the HR and Finance departments to ensure compliance with ERISA and other governing bodies.
Qualifications
- Bachelor’s degree in Finance, Human Resources, Business Administration, or a related field required.
- Minimum of 3-5 years of experience in pension administration, government benefits, or retirement planning.
- Strong working knowledge of ERISA (Employee Retirement Income Security Act) and state-specific pension laws.
- Proficiency in pension calculation software and Microsoft Office Suite (Excel required).
- Excellent interpersonal and communication skills for counseling employees and retirees.
- Ability to handle sensitive financial information with the highest level of confidentiality.