Job Description
We are urgently seeking a skilled Pension Plan Administrator to join New York State's prestigious public service team. This critical role manages retirement benefits for thousands of state employees, ensuring financial security and regulatory compliance. If you're passionate about public service and pension administration, apply immediately to join our mission-driven team with comprehensive benefits including a robust pension plan.
Responsibilities
- Manage pension plan operations including enrollment, contributions, and disbursements
- Ensure compliance with ERISA, NY State Retirement Law, and IRS regulations
- Analyze financial data to maintain plan solvency and actuarial soundness
- Provide retirement counseling and benefit education to state employees
- Coordinate with auditors and legal counsel for annual compliance reviews
- Develop and implement plan amendments as per legislative changes
- Generate comprehensive reports for stakeholders and regulatory bodies
Qualifications
- Bachelor's degree in Finance, Public Administration, or related field
- Minimum 5 years pension administration experience in public sector
- SPBC or QKA certification preferred
- Expertise in ERISA and NY State pension regulations
- Advanced proficiency in pension management software (e.g., Millennium)
- Strong analytical skills with attention to detail
- Ability to manage high-volume transactions under tight deadlines
- Excellent communication skills for stakeholder engagement