Job Description
Join Oakland's premier public sector team as a Pension Plan Administrator and help shape retirement security for thousands of community members. This urgent hiring opportunity requires immediate expertise in complex pension regulations, compliance frameworks, and retirement benefit administration. You'll work directly with public employees, retirees, and city leadership to ensure fiduciary excellence and operational integrity in our $2B+ pension portfolio.
Responsibilities
- Administer defined benefit pension plans including retirement calculations, disability claims, and survivor benefits
- Ensure compliance with ERISA, IRS regulations, and California Public Employees' Retirement System (CalPERS) requirements
- Manage pension fund reporting, financial audits, and actuarial valuations
- Develop and implement retirement education programs for public sector employees
- Collaborate with legal and finance teams on pension policy updates and legislative changes
- Oversee pension disbursements and reconciliation processes
Qualifications
- Bachelor's degree in Finance, Public Administration, or related field (Master's preferred)
- 5+ years of pension administration experience in government or regulated financial sector
- Certified Pension Consultant (CPC) or Qualified Pension Administrator (QPA) designation required
- Expertise in CalPERS regulations and California public sector retirement systems
- Advanced proficiency in pension administration software (e.g., Oracle HCM, Milliman)
- Strong analytical skills with ability to interpret complex financial and legal documents
- Proven ability to manage high-volume stakeholder communications