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Public Administration 🏢 Full Time ⭐️ Verified

Pension Plan Specialist - Illinois Government

State of Illinois Department of Employee Benefits
Springfield
Estimated Salary
USD 65.000 – USD 85.000
New
Live Update
2 September 2026
Deadline
2 Sep 2027

Job Description

Join Illinois' premier public sector retirement administration team as a Pension Plan Specialist. This critical role ensures compliance with state/federal regulations while delivering exceptional service to public employees. Enjoy competitive benefits, retirement security, and impactful work that shapes Illinois' financial future.

Responsibilities

  • Administer pension plans for 500,000+ public employees with meticulous attention to detail
  • Ensure compliance with ERISA, IRS codes, and Illinois Public Pension statutes
  • Process retiree applications, benefit calculations, and survivor claims
  • Conduct audits of employer contributions and member records
  • Develop educational materials for public employees on retirement planning
  • Collaborate with legislative teams on pension policy updates
  • Lead cross-departmental initiatives for operational efficiency

Qualifications

  • Bachelor's degree in Finance, Actuarial Science, Public Administration, or related field
  • 3+ years of pension administration or retirement benefits experience
  • Proficiency in pension software (e.g., Millennium, Benefit Systems)
  • Deep understanding of ERISA, IRS 401(a), and Illinois Pension Code
  • Strong analytical skills with ability to interpret complex regulations
  • Excellent communication skills for public education and stakeholder management
  • Professional designation (e.g., CEBS, QKA) strongly preferred

Required Skills

Pension Administration ERISA Compliance Public Sector Benefits Regulatory Analysis Benefit Calculation Systems Public Policy Stakeholder Communication Financial Analysis

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