Job Description
Join the City of San Jose's Finance Department as a Pension Plan Specialist and contribute to the financial security of our dedicated public servants. This high-impact role offers competitive compensation with daily pay processing, comprehensive benefits, and the opportunity to work at the forefront of municipal pension management. As a key member of our team, you'll ensure compliance with ERISA and California pension regulations while delivering exceptional service to our retirees and employees.
What We Offer:
- Daily pay processing for immediate financial access
- Robust pension plan with 401(a) and 457(b) options
- Comprehensive health, dental, and vision coverage
- Generous paid time off and holidays
- Professional development stipend
Responsibilities
- Administer pension benefits including enrollments, distributions, and retiree record maintenance
- Ensure compliance with federal (ERISA) and state pension regulations
- Process daily payroll deductions and contributions accurately
- Conduct benefit calculations and projections for retirees
- Develop and maintain pension plan documentation and procedures
- Collaborate with HR and finance teams on employee onboarding and offboarding
- Prepare annual actuarial reports and compliance filings
- Respond to employee and retiree inquiries regarding pension benefits
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field
- 3+ years of pension plan administration experience
- Strong knowledge of ERISA, IRS 415 limits, and CalPERS regulations
- Proficiency in pension administration software (e.g., Oracle, PeopleSoft)
- Excellent analytical skills with attention to financial detail
- Valid California driver's license and clean driving record
- Ability to obtain and maintain municipal security clearance
- Experience with daily payroll processing systems