Job Description
Join the City of Chicago's Finance Department as a Pension Plan Specialist and play a pivotal role in managing retirement benefits for thousands of public employees. This urgent remote position offers the unique opportunity to safeguard financial security for our community while advancing your career in public sector finance. You'll work with cutting-edge systems to ensure compliance with ERISA, IRS regulations, and municipal pension laws. Ideal candidates thrive in dynamic environments where precision meets public service impact.
Responsibilities
- Administer pension plans including contribution calculations, benefit distributions, and participant communications
- Ensure strict compliance with federal/state regulations and City pension ordinances
- Conduct comprehensive audits of pension records and financial transactions
- Develop and maintain pension reporting systems for internal stakeholders
- Collaborate with legal and finance teams on pension policy updates
- Manage participant inquiries and resolve complex benefit issues
- Analyze pension fund performance data and recommend strategic adjustments
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field
- Minimum 5 years of pension plan administration experience
- SPBC or QPA certification strongly preferred
- Expertise in ERISA, IRS 415/401(a) regulations, and municipal pension laws
- Advanced proficiency in pension administration software (e.g., Millennium, Benefitpoint)
- Proven ability to interpret complex financial data and legal documents
- Exceptional problem-solving skills with attention to detail
- Experience with remote work systems and digital collaboration tools