Retirement Plan Analyst

AC Transit•Oakland, CA

28d

About The Position

AC Transit is looking for a qualified Retirement Plan Analyst. Under general direction, this position, performs administrative support to moderately complex analytical work, providing Retirement Plan participants with information concerning their retirement benefits; assisting Retirement Plan participants with the processing of retirement-related forms, resolving any related problems, and understanding and applying applicable rules and regulations. This is an excellent opportunity to work for the largest bus agency in California, make a difference in our local community, and promote AC Transit as a great employer of the East Bay.In addition to working with some of the best in the business, AC Transit also has an excellent benefits package that includes pension, medical, dental and vision coverage, flexible spending, and 457 savings plan.

Requirements

Education: Equivalent to a bachelor's degree from an accredited college or university with a major in finance, accounting, business administration, public administration, or a related field.
Experience: Four (4) years of professional level experience in retirement administration, human resources, finance or payroll. Demonstrated experience in one or more of the following areas: administering defined-benefit plans, payroll, human resources/benefits, finance, or accounting. Two (2) years of experience as Retirement Plan Associate Analyst or an equivalent position may be substituted for two (2) years of required education.
Special Requirements:Must be willing to occasionally work outside regular business hours and travel between the various District facilities if required.

Nice To Haves

Experience with defined benefit and retirement plan administration preferred.

Responsibilities

Performs the initialcalculation of retirement benefits, reviews related materials, work histories, and retirement options for employees.
Supports activities related to disability retirement including the collection and dissemination of information from applicants, doctors, attorneys, and related parties; assigns cases to medical examiners; and reviews medical reports to ensure compliance with Retirement Plan rules.
Prepares memoranda, reports, and analyses for the Retirement Board.
Makes occasional presentations to the Retirement Board.
Compiles, reviews, audits, and verifies demographic data of participants.
Works independently on special projects.
Assist in the preparation of the annual tax documents.
Documents and updates procedures, supports compliance and analysis activities.
Inputs retiree data into Human Resources Information System.
Provides assistance, research, and troubleshooting of participant-level issues.
Performs related duties as required.

Benefits

AC Transit also has an excellent benefits package that includes pension, medical, dental and vision coverage, flexible spending, and 457 savings plan.
Medical - Choice of two Health Maintenance Organizations (HMOs): Kaiser Permanente and Health Net. $10.00 office visit co-pays; $5.00 - $35.00 prescription co-pays.
Dental - MetLife Preferred Provider Organization (PPO) $50 annual deductible per person/$150 per family; $3,000 per person annual maximum; preventative care covered at 100%; basic and major care covered at 90%; $4,000 lifetime maximum orthodontia covered at 50%.
Vision - Vision Service Plan - $10.00 copay; eligible for an exam, lenses, frames or contact lenses every 12 months - based on the last date of service. $200 frame allowance or $120 allowance for contact lenses.
Employer-paid Basic Life Insurance
Employee-paid Voluntary Term Life Insurance
Employee Assistance Program (EAP)
Flexible Spending Accounts (FSA) for Health Care, Dependent Care, Parking, Transit
AC Transit contributes up to $50.00/month towards an employee's FSA Transit costs
Free AC Transit Bus Pass
Federal Credit Union
Vacation and Sick Leave or Personal Time Off
Ten (10) paid holidays; 2 paid floating holidays; 1 paid birthday holiday
Tuition Reimbursement - up to $2500 per fiscal year on approved courses
Wellness Program
Pension:All AC Transit employees participate in a lifetime defined benefit pension. All employees hired on or after January 1, 2020, may be in the District's Tier II pension plan covered by the Public Employees' Pension Reform Act of 2013 (PEPRA). As such, he/she may be required to contribute a small portion of annual income towards the cost of his/hers District pension.