Retirement Services Specialist - Calculations
The Public Employees Retirement Association of Minnesota is seeking a Retirement Services Specialist. This position exists to calculate and audit routine requests for information and claims for retirement benefits, refund benefits, insurance verifications, leave purchases, dormant/abandoned account benefits, conference estimates, first payments, final payments, and individual counseling estimates in accordance with laws, rules, procedures, and regulations. This position is also responsible for counseling members of PERA on these benefits as well as how they relate to Social Security and federal and state tax laws.
This position will primarily telework; however, this position is required to be in-person once each week and as needed. PERA’s office is located in St. Paul, MN.
Only candidates located in Minnesota and bordering states (Iowa, North Dakota, South Dakota, or Wisconsin) are telework eligible. |
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Position: |
Retirement Services Specialist - Calculations |
| Organization: |
Public Employees Retirement Association of Minnesota |
| Location: |
St. Paul, MN
United States
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| Salary: |
$49,339 - $71.368 / annually |
| Posting Start Date: |
3/5/2025 |
| Date Posted: |
3/5/2025 |
| Requirements |
Qualifications
Minimum Qualifications
*Only applicants whose application and resume clearly demonstrate fulfillment of each minimum qualification listed below will be considered for this position. Ensure your resume contains descriptions of your work experience sufficient for comparison against the requirements stated below. Also indicate the beginning and ending month and year for each job held.
One and one half (1.5) years of experience in retirement planning, program administration, or financial services
*A Bachelor’s degree in Business Administration, Accounting or Finance may substitute for one (1) year of experience
Years of experience must clearly demonstrate the following:
- Ability to accurately perform and audit mathematical retirement benefit and payment calculations, including calculations that require application of simple and compound interest
- Experience providing explanation of benefits or administering employee benefits
- Advanced interpersonal skills and excellent written/verbal communication skills demonstrating the ability to communicate routine benefit information in a clear and concise manner to a diverse group of individuals
- Proficiency with Microsoft Office computer applications (Word, Excel, PowerPoint, Outlook) sufficient to perform related work responsibilities
Preferred Qualifications
- Working knowledge of public pension plans
- General knowledge of Minnesota Statutes Chapters 353 and 356, relating to benefits and membership eligibility of the Association
- Knowledge of the 45 Police and Fire Relief Association, and Statewide Volunteer Firefighter (SVF) pension plans
- Experience working in a high-volume call center delivering customer services and administering retirement benefits, including benefit plan policy interpretations and explanations
Physical Requirements
Requires occasional lifting and carrying of articles such as file folders, ledgers, and small office equipment. Although a sedentary job is defined as one that involves sitting, a certain amount of movement is often necessary in carrying out job duties.
Additional Requirements
It is the policy of the Retirement Systems of MN that all employees submit to a background investigation prior to employment. The background check may consist of the following components:
- SEMA4 Records Check (applies to current and past State employees only)
- Criminal History Check
- Employment Reference Check
- Social Security and Address Verification
- Education Verification
- Driver's License Check
**The Retirement Systems will not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.
Application Details
How to Apply
Select “Apply for Job” at the top of this page. If you have questions about applying for jobs, contact the Careers Help Desk at 651-259-3637 or email careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.
Contact
Contact PERA Human Resources at PERAHR@mnpera.org if:
- You have questions about this position
- You are an individual with a disability and need to request an accommodation for a scheduled interview
- You wish to receive consideration as a Connect 700 Program applicant, apply online, e-mail the Job ID#, the Working Title and your valid Proof of Eligibility Certificate by the closing date to PERAHR@mnpera.org.
About Public Employees Retire Assoc
The Public Employees Retirement Association (PERA) administers retirement plans for Minnesota public employees, serving over 440,000 individuals from 2,100 agencies. We pay monthly retirement benefits to more than 125,000 retirees, members with disabilities, and survivors. Discover your potential—work for PERA.
Working together to improve the state we love.
What do Minnesota's State employees have in common?
- A sense of purpose in their work
- Connection with their coworkers and communities
- Opportunities for personal and professional growth
Benefits
As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.
Your benefits may include:
- Paid vacation and sick leave
- 12 paid holidays each year
- Low-cost medical, dental, vision, and prescription drug plans
- Fertility care, including IVF
- Diabetes care
- Dental and orthodontic care for adults and children
- 6 weeks paid leave for parents of newborn or newly adopted children
- Pension plan that provides income when you retire (after working at least three years)
- Employer paid life insurance to provide support for your family in the event of death
- Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
- Tax-free expense accounts for health, dental, and dependent care
- Resources that provide support and promote physical, emotional, social, and financial well-being
Support to help you reach your career goals:
- Training, classes, and professional development
- Tuition reimbursement
- Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov)
Employee Assistance Program (EAP) for work/life support:
- A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance
- Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues
- Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care
Programs, resources and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.
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| Status: |
This listing expires on: 3/18/2025 |
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