Job Description
Join the U.S. Department of Labor in Sacramento as a Pension Benefit Specialist and play a pivotal role in safeguarding American retirement security. This high-impact position ensures compliance with federal pension regulations while protecting workers' hard-earned savings. You'll work at the forefront of ERISA enforcement, analyzing complex pension plans, and collaborating with stakeholders to maintain fiduciary standards. Our Sacramento office offers a dynamic environment where your expertise directly impacts national retirement policy.
Responsibilities
- Oversee compliance of multi-employer pension plans with ERISA and DOL regulations
- Conduct financial examinations and risk assessments of pension fund operations
- Investigate potential fiduciary breaches and recommend corrective actions
- Develop educational materials for plan sponsors and beneficiaries
- Collaborate with legal teams on enforcement proceedings and litigation support
- Analyze pension plan funding strategies and actuarial valuations
- Represent the department in stakeholder meetings and industry conferences
Qualifications
- Bachelor's degree in Finance, Accounting, Actuarial Science, or related field
- 5+ years of pension plan administration or regulatory compliance experience
- Deep knowledge of ERISA, PBGC regulations, and IRS pension codes
- Strong analytical skills for interpreting complex financial documents
- Professional certification (e.g., ASA, CFA, or CPA) preferred
- Ability to handle confidential information with strict ethical standards
- Experience with pension software systems (e.g., Alight, Benefitfocus)
- Strong written and verbal communication skills