Job Description
Join California State Government's elite pension administration team in San Francisco! We urgently seek a Pension Plan Specialist to safeguard retirement funds for public employees. This high-impact role offers unmatched job security, comprehensive benefits, and the opportunity to shape retirement policy for generations of Californians. Apply now to become a guardian of public trust in our $500B retirement system.
Responsibilities
- Analyze and administer complex pension plans ensuring compliance with ERISA, IRS, and California Public Employees' Retirement System (CalPERS) regulations
- Process retirement applications, calculate benefits, and resolve participant inquiries with precision and empathy
- Develop and implement pension policy improvements aligned with fiduciary standards and legislative changes
- Collaborate with financial analysts to monitor fund performance and recommend strategic investment adjustments
- Prepare comprehensive reports for the State Controller's Office and Board of Administration
- Conduct training sessions for HR partners and retirees on pension benefits and options
- Lead special projects on pension modernization initiatives and digital transformation
Qualifications
- Bachelor's degree in Finance, Actuarial Science, Public Administration, or related field (Master's preferred)
- 5+ years of pension administration or benefits management experience in public sector
- Deep expertise in CalPERS regulations, ERISA compliance, and retirement accounting standards
- Professional certification (e.g., CEBS, ASPPA, or QKA) strongly preferred
- Advanced proficiency in pension software (e.g., Empower, Alight) and data visualization tools
- Exceptional analytical skills with ability to interpret complex financial regulations
- Strong communication abilities to explain technical concepts to diverse stakeholders
- Valid California driver's license and ability to travel statewide as needed