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Pension Plan Administrator

Virginia State Retirement System
Richmond
Estimated Salary
USD 65.000 – USD 85.000
New
Live Update
28 Juli 2026
Deadline
28 Jul 2027

Job Description

Join Virginia's premier public sector retirement system as a Pension Plan Administrator and make an immediate impact on the financial security of thousands of state employees. This urgent hiring opportunity requires a detail-oriented professional to manage complex pension portfolios, ensure regulatory compliance, and deliver exceptional member service. Help shape the future of public sector retirement benefits while advancing your career in a mission-driven environment.

Responsibilities

  • Administer pension plans for state employees, calculating benefits and processing retirements
  • Ensure strict adherence to ERISA, IRS, and Virginia state pension regulations
  • Manage member accounts, resolve complex benefit inquiries, and maintain accurate records
  • Conduct periodic plan audits and financial analysis for compliance and risk mitigation
  • Collaborate with investment teams to align pension strategies with long-term sustainability goals
  • Develop educational materials for state employees on retirement planning and options
  • Coordinate with HR departments on enrollment processes and policy updates

Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field
  • Minimum 3 years of pension administration or benefits management experience
  • Advanced knowledge of ERISA, IRS 401(a) regulations, and Virginia state pension codes
  • Proficiency in pension administration software (e.g., Millennium, Empower) and MS Office Suite
  • Strong analytical skills with experience in financial modeling and compliance reporting
  • Excellent communication abilities for explaining complex retirement concepts to diverse audiences
  • Professional certification (e.g., CEBS, QKA, or CPA) preferred

Required Skills

Pension Administration ERISA Compliance Financial Analysis Benefits Management Regulatory Reporting MS Excel Public Sector Finance

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