Job Description
Join the City of Chicago Pension Authority as a Pension Plan Administrator and contribute to the financial security of our dedicated public servants. This full-time government position offers exceptional benefits, including a robust pension plan, comprehensive health coverage, and career advancement opportunities. Work in a dynamic environment where your expertise directly impacts the retirement futures of Chicago's workforce.
Responsibilities
- Manage pension fund operations including contribution collections, benefit calculations, and disbursements
- Ensure compliance with federal ERISA regulations and Illinois state pension laws
- Prepare annual financial statements and actuarial valuations for oversight bodies
- Respond to participant inquiries regarding retirement benefits and eligibility
- Collaborate with investment advisors on fund performance analysis and reporting
- Develop and implement pension policy improvements based on legislative changes
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field
- 5+ years of pension plan administration or retirement benefits experience
- Advanced knowledge of ERISA, IRS regulations, and state pension codes
- Proficiency in pension administration software (e.g., Millennium, Empower)
- Strong analytical skills with ability to interpret complex financial data
- Government or public sector experience preferred
- Series 65 or 63 securities license highly desirable