RETIREMENT SPECIALIST I at State of Nebraska in Lincoln, Nebraska

Posted in Other 17 days ago.





Job Description:

The work we do matters!




Hiring Agency:

Retirement Systems - Agency 85



Location:

Lincoln Job Posting



Hiring Rate:

$16.98



Classification Salary Range:

$16.99 - $25.04



Job Posting:

JR2024-00002587 RETIREMENT SPECIALIST I (Open)



Applications No Longer Accepted On (If no date is displayed, job is posted as open until closed):



Job Description:

We believe we are a part of something larger than ourselves at the Nebraska Public Employees Retirement Systems (NPERS), and our team is committed to providing exceptional retirement benefit services to Nebraska's public service employees. NPERS understands the importance of both meaningful and interesting work, and we'd like to invite you to create a rewarding career with us doing both by joining our NPERS Schools Team!
Our success is driven by talented people just like YOU. We understand potential candidates may not apply for an opportunity in which they do not meet each stated qualification or requirement. While success in our role can certainly be supported by the qualifications listed, each candidate may have unique strengths, experiences, or skills which could be pertinent or applicable to becoming successful in this role. If you believe you may be a good fit for our team, and our agency, we encourage you to apply.


Under general supervision, this Retirement Specialist I position processes distributions, including calculating and auditing annuity benefits; functions collaboratively to problem-solve with their team and manager; reconciles member accounts by reviewing documents, records, contributions, and payment history; prepares written correspondence to members and reporting agents; and performs related work as assigned.


We want you to feel valued at NPERS and we offer our employees great benefits! During your first year here at NPERS, you'll receive:
•13 paid holidays
•Vacation and sick leave which starts accruing immediately
•Retirement contributions matched at 156% (WOW!)
•Tuition Reimbursement (also, WOW!)
•Employee Assistance Program (EAP)
•Employer health insurance plans paid at 79%
•Student loans? We are a qualifying employer for the Public Service Loan Forgiveness Program (PSLF).
•Dental and vision insurance plans
•A wide variety and availability of career advancement as the largest and most diverse employer in Nebraska
•Training and development based on your career aspirations
•A safe and secure environment
Please see the Benefits link for more information on benefits offered to State of Nebraska employees.


Here are some statistics about the impact of our work:
• NPERS serves over 150,000 members and retirees.
• One in thirteen Nebraskans are members of NPERS.
• Annually, NPERS has distributed over $1.1 billion in benefits to our members.
• NPERS retirement plans hold over $18 billion in assets.


Examples of Work:
We are excited to train you as a team member in processing NPERS School plan annuities utilizing financial reconciliation operations, account data entry, and records research. This includes:
•Evaluating, processing, and maintaining regular retirements in the school plan, including preparing benefit estimates, validating applications, preparing extractions of service credit, wages, and contributions, calculating preliminary and final benefit calculations, and auditing calculations for team members.
•Responding to questions and requesting information, from both plan members and employer reporting agents via written and verbal communication.
•Researching, evaluating, and identifying data needed for consistent application of retirement benefits, including, but not limited to, verifying contractual data, service and salary information utilizing computer applications, written and verbal requests, and employer reports.


Other duties may include:
•Calculating purchase of service and Military service.
•Finalizing QDRO judgements, by calculating estimates and splitting accounts for the member and the alternate payee.
•Preparing sensitive information for Board review of Disability retirement applications.
•Responding to employers and/or member inquiries regarding plan laws, rules and regulations, agency policies and procedures, and pending legislation.
•Additional duties related to retirement processes may be assigned.


Hire rate: $16.98 per hour


To learn more about NPERS, please visit our website at npers.ne.gov.


MINIMUM QUALIFICATIONS: At least one year of coursework, training, and/or experience in office support functions, and/or customer service, and/or experience providing service to recipients about benefit plan guidelines.


PREFERRED: Graduation from high school or its equivalent and two years of clerical office service, customer service, accounting, insurance, retirement, or closely related experience. Experience processing retirement plan annuities, refunds, and/or other financial distribution processing is a plus. Experience composing and/or proofing-reading business correspondence, or other related written material.


OTHER: Top candidates may be required to complete a basic typing, writing, and math skills assessment.



Knowledge, Skills, and Abilities



  • Desire to learn as an individual and as part of a team.

  • Possess effective oral and written communication skills.

  • Maintain and ensure the confidentiality and security of sensitive information.

  • Strong ability to accurately research, analyze, and draw logical conclusions from written and numerical data.

  • Ability to operate office equipment, understand and apply instructions, and file and retrieve records using an established filing system.

  • Knowledge and experience with Excel and Word (Microsoft Office Suite products).

  • Ability to learn and apply new technical knowledge as required.

  • Knowledge of office procedures; basic math calculations; English grammar, spelling, punctuation, and composition for purposes of recognizing and correcting errors in correspondence.

  • Ability to have regular and punctual attendance to support deadline driven processing.

  • Fosters and facilitates communication through cooperation, empathy, trust building, and respect when communicating with members, employers, and teammates.

  • Ability to interact and engage with diverse people and create positive and productive internal and external relationships.

  • Remain adaptive and flexible to changing work priorities.

  • Displays a high level of initiative, effort, attention to detail, and commitment by completing assignments efficiently with general supervision.



We encourage you to apply and join us in our commitment to public service, growth through a collaborative spirit, and our desire to make a positive impact in the lives of others. Together, let's build a stronger, more vibrant community, and work towards a shared vision of excellence in public service. Your skills, passion, and dedication will play a vital role in shaping the future we aspire to create.






Benefits




We offer a comprehensive package of pay, benefits, paid time off, retirement and professional development opportunities to help you get the most out of your career and life. Your paycheck is just part of your total compensation.


Check out all that the State of Nebraska has to offer! For more information on benefits currently offered to permanent teammates, please visit: https://statejobs.nebraska.gov/index.html#benefits



Equal Opportunity Statement



The State of Nebraska values our teammates as well as a supportive environment that strives to promote diversity, inclusion, and belonging. We recruit, hire, train, and promote in all job classifications and at all levels without regard to race, color, religion, sex. age, national origin, disability, marital status or genetics.



Current employees of the State of Nebraska should NOT apply on this external career. Instead go to Workday and access the Jobs Hub - Internal Apply app from your home landing page.
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