Job Description
Join the State of Illinois' prestigious pension administration team and help secure financial futures for public servants. We seek a dedicated Pension Plan Administrator to manage retirement benefits, ensure regulatory compliance, and deliver exceptional service to state employees and retirees. Enjoy competitive compensation, comprehensive benefits, and the stability of a government career with robust pension eligibility.
Responsibilities
- Manage pension plan enrollment, contributions, and distribution processes
- Ensure compliance with ERISA, IRS regulations, and state pension laws
- Process retirement applications and benefit calculations accurately
- Respond to participant inquiries regarding retirement plans and benefits
- Prepare quarterly and annual pension plan reports for regulatory bodies
- Collaborate with HR departments on employee benefit education
- Conduct plan audits and implement corrective actions as needed
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or related field
- Minimum 3 years of pension plan administration experience
- Proficiency in pension administration software (e.g., Benefitfocus, ADP)
- Strong knowledge of ERISA, IRS 401(k) regulations, and Illinois pension laws
- Excellent analytical skills with attention to detail
- Effective communication skills for explaining complex benefits to non-experts
- Professional certification (e.g., CEBS, QKA) preferred