Job Description
Join the City of Long Beach's Finance Department as a Pension Plan Administrator, where you'll play a pivotal role in managing retirement benefits for over 5,000 public employees. This senior position oversees the $1.2 billion pension fund, ensuring compliance with ERISA, GASB, and California PERS regulations. You'll collaborate with investment committees, audit teams, and elected officials to safeguard retiree security while optimizing fund performance. Ideal for finance professionals passionate about public sector retirement security.
Responsibilities
- Administer City of Long Beach pension plans including defined benefit and 457(b) programs
- Ensure compliance with ERISA, IRS, and California PERS regulations
- Manage actuarial valuations, funding studies, and benefit calculations
- Coordinate with investment advisors and audit committees on fund performance
- Develop retirement education materials and conduct employee workshops
- Prepare annual reports for City Council and oversight committees
- Lead system implementations for pension administration software upgrades
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field
- 5+ years of pension administration experience with government or public sector funds
- Certified Public Pension Administrator (CPPA) or SHRM-CP designation preferred
- Expertise in ERISA compliance, actuarial valuations, and retirement plan design
- Advanced proficiency in pension administration software (e.g., Millennium, Empower)
- Strong analytical skills with ability to interpret complex financial regulations
- Experience preparing reports for governmental oversight bodies
- Valid California driver's license