Job Description
Join the City of San Jose's Finance Department as a Pension Plan Administrator and play a critical role in managing retirement benefits for our dedicated public servants. This prestigious position offers competitive compensation, comprehensive benefits including a robust pension plan, and the opportunity to serve one of America's most innovative cities. We seek detail-oriented professionals with expertise in pension administration to ensure compliance with regulatory standards while delivering exceptional service to our employees.
Responsibilities
- Administer defined benefit pension plans in accordance with California Public Employees' Retirement System (CalPERS) regulations
- Process retirement applications, benefit calculations, and member contributions with 100% accuracy
- Conduct comprehensive audits of pension records and financial transactions
- Develop and implement compliance strategies for ERISA and IRS requirements
- Collaborate with finance and HR teams on pension-related reporting and forecasting
- Manage complex member inquiries regarding retirement eligibility and benefit options
- Prepare quarterly and annual reports for the Pension Board and City Council
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or related field
- Minimum 5 years of experience in pension plan administration or retirement benefits
- CalPERS certification or equivalent retirement system expertise
- Proficiency in pension administration software (e.g., Oracle HCM, PeopleSoft)
- Deep knowledge of ERISA, IRS Code 401(a), and California pension laws
- Strong analytical skills with attention to financial detail
- Excellent communication abilities for presenting complex pension concepts
- Experience with public sector pension systems preferred