Job Description
Join the City of Long Beach: Shape the Future of Public Service
The City of Long Beach is seeking a highly skilled Senior Pension Administrator to join our dedicated Public Employees' Retirement System (LBPERS) team. In this pivotal role, you will manage the administration of our defined benefit pension plans, ensuring the financial security and retirement readiness of our valued public servants. We offer a stable government career with excellent benefits, competitive pay, and the opportunity to make a tangible impact on our community.
Why Join Us?
- Competitive Compensation: Salary range from $85,000 to $110,000.
- Comprehensive Benefits: Medical, dental, vision, and a robust pension plan.
- Work-Life Balance: Generous paid time off and holidays.
- Career Growth: Opportunities for professional development within the public sector.
Responsibilities
- Oversee the full lifecycle of pension plan administration, including member enrollment, contribution processing, and benefit calculations.
- Process retirement applications and coordinate with third-party administrators and actuaries to ensure accurate benefit disbursements.
- Conduct regular audits of pension records to ensure compliance with federal (ERISA) and state regulations.
- Provide expert guidance and customer service to current and retired employees regarding pension eligibility, vesting, and payment options.
- Analyze pension fund data to prepare reports for the Board of Retirement and City leadership.
- Develop and update pension plan policies and procedures to improve efficiency and accuracy.
Qualifications
- Bachelor’s degree in Finance, Business Administration, Public Administration, or a related field required; Master’s degree preferred.
- Minimum of 5 years of experience in pension administration, benefits management, or actuarial services within the public or private sector.
- Strong knowledge of ERISA regulations, CalPERS rules, and state retirement laws.
- Proficiency in Microsoft Office Suite and experience with HRIS or pension administration software (e.g., PeopleSoft, SAP).
- Excellent analytical skills with the ability to interpret complex financial data and regulations.
- Strong interpersonal and communication skills, with the ability to explain complex concepts to diverse audiences.