Job Description
Join San Jose's premier public sector team as a Pension Plan Administrator. We're urgently seeking a detail-oriented professional to manage our city's retirement benefits program. This critical role ensures financial security for 10,000+ public servants through meticulous plan administration, compliance oversight, and strategic retirement planning. Enjoy competitive compensation, comprehensive benefits, and the opportunity to serve your community while building a stable career in public finance.
Responsibilities
- Administer defined benefit pension plans including member contributions, service credit calculations, and retirement benefit computations
- Ensure compliance with ERISA, IRS regulations, and California Public Employees' Retirement System (CalPERS) requirements
- Manage member communications regarding plan changes, retirement options, and annual statements
- Collaborate with finance team on actuarial valuations, funding strategies, and financial reporting
- Develop and implement plan policies while maintaining accurate member records
- Conduct benefit seminars and provide personalized retirement counseling services
- Oversee plan investments and third-party administrator relationships
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field (Master's preferred)
- 5+ years of pension plan administration experience in public/government sector
- Deep expertise in ERISA, IRS 415/401(k) regulations, and CalPERS governance
- Proficiency in pension administration software (e.g., Millennium, Oracle HCM)
- Strong analytical skills with ability to interpret complex financial data
- Excellent communication skills for member education and stakeholder collaboration
- Certified Pension Consultant (CPC) or Certified Retirement Administrator (CRA) designation required
- Experience with multi-employer pension plans and fiduciary responsibilities