Pension Plan Manager
Description
Effective Date: 03/18/2026
Job Title: Pension Plan Manager
Department: Human Resources
FLSA Status: Exempt
Reports To: HR Consultant/Director of Human Resources
Job Function: The Pension Plan Manager serves as the primary administrator and fiduciary support for the organization’s pension plan, ensuring compliance, financial integrity, and effective governance. This role is responsible for overseeing all pension operations, coordinating with internal and external stakeholders, and providing strategic guidance to the Pension Board to ensure the long-term sustainability and compliance of the Plan.
Key Responsibilities
Plan Administration & Governance
- Serve as Secretary and Administrator to the Pension Plan and Pension Board.
- Coordinate and manage all Pension Board activities, including agenda development, meeting facilitation, and documentation.
Compliance & Regulatory Oversight
- Ensure compliance with IRS, ERISA, PBGC, and DOL requirements.
- Oversee preparation and submission of Form 5500, AFTAP, and other filings.
Financial Oversight & Reporting
- Coordinate actuarial valuations, audits, and financial reporting.
- Monitor investment performance and funding status.
Vendor & Stakeholder Management
- Liaise with trustees, actuaries, auditors, and consultants.
- Manage vendor performance and contracts.
Participant Services & Communication
- Oversee retirement processing and benefit distributions.
- Communicate plan updates clearly to participants.
Plan Documentation & Process Improvement
- Maintain and update plan documents.
- Improve internal controls and processes.
Strategic Support
- Provide insights and recommendations to leadership and Pension Board.
Qualifications & Experience
Bachelor’s degree in Accounting, Finance, Business Administration, Public Administration, Human Resources, or related field. Minimum of five (5) years of experience in pension administration or related field.
Knowledge & Skills:
Strong understanding of ERISA and pension regulations.
Experience with actuarial reports and audits.
Strong analytical and communication skills.
Ability to manage multiple priorities.
Preferred:
Union environment experience.
Public sector experience.
Knowledge & Skills:
Strong understanding of ERISA and pension regulations.
Experience with actuarial reports and audits.
Strong analytical and communication skills.
Ability to manage multiple priorities.
Preferred:
Union environment experience.
Public sector experience.
Work Environment & Physical Requirements
Primarily office-based work with extended sitting, computer use, and occasional lifting up to 25 lbs.
Additional Information
This description outlines general responsibilities and may evolve based on organizational needs.