Job Description
Join the U.S. Office of Personnel Management (OPM) as a Pension Plan Specialist in Chicago and help shape the financial futures of federal employees. This pivotal role ensures compliance with the Federal Employees' Retirement System (FERS) and Thrift Savings Plan (TSP), delivering critical retirement benefits to America's public servants. Work in a dynamic environment where your expertise directly impacts thousands of lives while enjoying unparalleled job security and comprehensive federal benefits.
Responsibilities
- Administer FERS and TSP retirement plans with meticulous attention to regulatory compliance (ERISA, 5 U.S.C.)
- Process complex retirement claims, benefit calculations, and survivor benefit determinations
- Develop and deliver retirement education workshops for federal employees and HR partners
- Collaborate with OPM headquarters and agency stakeholders on policy implementation
- Conduct audits of pension plan operations to identify and mitigate compliance risks
- Manage pension system data integrity using SAP HR and FedHR platforms
- Respond to congressional inquiries and executive-level benefit disputes
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field (Master's preferred)
- 3+ years of pension/benefits administration experience with federal or large-scale plans
- Expertise in ERISA, 5 U.S.C., and OPM retirement regulations
- Advanced proficiency in SAP HR and FedHR systems
- FINRA Series 65/66 or similar financial credentials
- Demonstrated success in managing complex benefit calculations and compliance audits
- Ability to obtain and maintain Public Trust clearance