Job Description
Join Illinois' premier public sector retirement system and become a guardian of financial security for thousands of public servants. We're seeking a Pension Plan Administrator to oversee complex retirement benefits with precision and integrity. Enjoy comprehensive state benefits, pension eligibility, and a stable career path in public service. Make a lasting impact while working with cutting-edge pension technology and dedicated professionals committed to excellence.
Responsibilities
- Administer pension plans for state employees, ensuring compliance with federal and Illinois state regulations
- Process retirement applications, calculate benefits, and manage member accounts with meticulous attention to detail
- Conduct comprehensive eligibility reviews and benefit calculations for disability and survivorship claims
- Develop and maintain accurate pension records using specialized state systems (e.g., PEPR)
- Provide expert guidance to employees and retirees regarding pension policies and procedures
- Collaborate with legal and finance teams to implement regulatory changes and policy updates
- Prepare detailed reports on pension fund status and demographic trends for executive review
Qualifications
- Bachelor's degree in Finance, Accounting, Actuarial Science, or related field
- Minimum 3 years of experience in pension administration, benefits management, or retirement planning
- Deep knowledge of ERISA, IRS regulations, and Illinois pension statutes
- Proficiency in pension software systems (e.g., Millennium, PEPR) and Microsoft Office Suite
- Certified Pension Administrator (CPA) or Society of Actuaries (SOA) preferred
- Exceptional analytical skills with ability to interpret complex financial data and regulations
- Strong communication skills for explaining technical concepts to diverse stakeholders
- Illinois residency required within 6 months of hire