Adams County Government · 1 day ago
Retirement Benefits Specialist-161096
Adams County Government is seeking a Retirement Benefits Specialist to execute complex professional, administrative, and technical duties related to the Adams County Retirement Plan. The role involves analyzing and administering benefits, performing accounting functions, and providing exceptional customer service to employees and retirees regarding their benefits.
Government Administration
Responsibilities
Possesses a thorough and accurate understanding of the benefits offered under the Retirement Plan
Performs accounting functions including reconciliation of accounts, preparing and posting general ledger entries, and data entry
Compile data for actuarial valuation, annual audit and monthly trustee reconciliations
Serves as a liaison with the Board of Retirement (“Retirement Board”), employers, attorney, actuary, investment consultant and other vendors
Coordinates materials for monthly Retirement Board meetings; prepares and disseminates the Board packets; prepares summaries of investment performance and Retirement Plan expenditures; and posts agenda at appropriate sites in accordance with the Colorado Open Records Act
Serves as Corresponding Secretary for Retirement Board
Attends All Board Meetings
Counsels active, deferred vested and disabled members to explain various types of benefits offered by the Retirement Plan; meets with surviving beneficiaries to obtain necessary information and explain available benefits and options
Calculates pension benefits, analyzes and responds to inquiries from active, deferred vested, disabled, retired members and beneficiaries relating to eligibility, benefit amounts and benefit options
Provides exceptional customer service to the employees and retirees answering their benefit questions in a timely manner and resolving problems related to payment of benefits
Ensures compliance with state and federal policies, procedures and laws including preparation of reports and tax filings and timely remittance of same to federal and state agencies
Reads, reviews, interprets and implements legislative changes affecting the Retirement Plan
Maintains knowledge of government regulations
Maintains benefit records
Assists with maintenance of Retirement website
Assists, initiates, documents and tests applications regarding operating system software changes
Qualification
Required
Possesses a thorough and accurate understanding of the benefits offered under the Retirement Plan
Performs accounting functions including reconciliation of accounts, preparing and posting general ledger entries, and data entry
Compile data for actuarial valuation, annual audit and monthly trustee reconciliations
Serves as a liaison with the Board of Retirement, employers, attorney, actuary, investment consultant and other vendors
Coordinates materials for monthly Retirement Board meetings; prepares and disseminates the Board packets; prepares summaries of investment performance and Retirement Plan expenditures; and posts agenda at appropriate sites in accordance with the Colorado Open Records Act
Serves as Corresponding Secretary for Retirement Board
Attends All Board Meetings
Counsels active, deferred vested and disabled members to explain various types of benefits offered by the Retirement Plan; meets with surviving beneficiaries to obtain necessary information and explain available benefits and options
Calculates pension benefits, analyzes and responds to inquiries from active, deferred vested, disabled, retired members and beneficiaries relating to eligibility, benefit amounts and benefit options
Provides exceptional customer service to the employees and retirees answering their benefit questions in a timely manner and resolving problems related to payment of benefits
Ensures compliance with state and federal policies, procedures and laws including preparation of reports and tax filings and timely remittance of same to federal and state agencies
Reads, reviews, interprets and implements legislative changes affecting the Retirement Plan
Maintains knowledge of government regulations
Maintains benefit records
Assists with maintenance of Retirement website
Assists, initiates, documents and tests applications regarding operating system software changes
To be successful, our ideal candidate should have the following ability to: Plan, assign, coordinate, organize and prioritize work
Work independently
Maintain accurate, neat and complete financial and retirement records
Perform arithmetic calculations including fractions and percentages
Research, compile and present financial data
Identify and resolve discrepancies in financial and accounting records
Read, learn and apply complex policies, procedures and laws
Learn and apply state and county retirement codes, regulations and laws related to death benefits and divorce settlements
Learn and apply actuarial principles pertaining to retirement system funding
Clearly explain irrevocable retirement options to retirees
Interact effectively with participants in sensitive and stressful situations
Use personal computers and word-processing, database management and spreadsheet applications
Enter data using computer keyboard
Maintain confidentiality of member data
Write clear and concise letters and reports using proper English, punctuation, spelling and grammar
Work effectively under deadlines
Communicate effectively, clearly and concisely
Two years of professional experience in retirement administration or a closely related field
High school diploma or GED equivalent required
Preferred
Experience with defined benefit plans is preferred
Associate's degree in business administration, public administration, benefits administration, finance, economics, or accounting is preferred
Certified Employee Benefit Specialist (CEBS), Retirement Plans Associate (RPA), Certificate of Achievement in Public Plan Policy (CAPPP), or other comparable professional credentials are preferred
Experience providing retirement benefits administration for a public employer's defined benefit retirement system or comparable retirement system, including experience with operating system software (PensionGold, Quikbooks) is highly desirable
Benefits
AFLAC Supplemental Medical Insurance
Basic Term Life & Optional Term Life Insurance
Deferred Compensation Plan
Dental/Vision/Medical Plans
Generous Vacation/Sick leave
Long-Term Disability
Retirement Plan
Short-Term Disability
Employee Assistance Program
Employee Fitness Center
Employee Health Clinics
Flexible Work Schedules
Recreation Center Discounts
Training & Tuition Reimbursement Programs
Wellness programs
Lactation friendly certified workplace
Company
Adams County Government
At Adams County, our people drive innovation and service, powering the work we do for the community.