PENSION SPECIALIST 2

PENSION SPECIALIST 2

Memphis Light, Gas and Water Division - 4.3 Memphis, TN Job Details Full-time $69,180.80 - $86,465.60 a year 1 day ago Qualifications Driver's License Bachelor's degree Newsletters (communication methods) Full Job Description

PENSION SPECIALIST 2

- (260000AZ) Description The Pension Specialist 2 will calculate and communicate provisions of the Division Employee Benefits Program to active and retired employees; and interpret provisions of Pension Resolution.

ESSENTIAL FUNCTIONS

Calculate retirement/survivor and termination benefits and lump sum distributions. calculate/verify employee length of service. Communicate provisions of all retiree programs including retirement/survivor benefits and deferred compensation; prepare various benefit publications, articles and newsletters which include providing all communications on open enrollment and coordinating/reviewing/distributing information for the Annual Benefits Report. Notify appropriate Division personnel/departments and active/retired employees of retirement benefit changes; update personnel policies, plan documents/ resolutions and handbooks on changes pertaining to pension. Conduct focus group meetings, employee orientations, seminars and individual counseling sessions with employees/retirees; schedule meetings/appointments with customers and assist walk-in customers, coordinate scheduling of deferred compensation informational meetings; perform pre-retirement counseling. Coordinate activities of the pension election and prepare/distribute Pension Board minutes. Make active payroll/deferred compensation changes and reconcile deductions; process retirement payroll; reconcile payroll amounts/ transmit data to financial institutions; assist with bank reconciliation; and prepare various paperwork including tax forms. Review mandated legislative matters and determine impact to the Division; provide information and assistance for actuarial studies: obtain legal opinions and notify appropriate personnel of change in laws; respond to subpoenas; and may make court appearances. Plan/coordinate retiree activities/functions; attend retiree meetings; provide referral services for the elderly; coordinate implementation of new retirement programs and make recommendations. Stay abreast and recommend various technological changes/ systems concerning retirement benefits; update/ review contracts with outside vendors. Work on special projects and prepare requests for proposals, surveys and related information. Perform other duties as directed.

JOB DESCRIPTION

|

PENSION SPECIALIST 2 - SS839

December 3, 2025 © Qualifications

LICENSES AND CERTIFICATIONS A

valid driver's license from state of residence is required.

EDUCATION

Bachelor's Degree in Business Administration or related field is required.

EXPERIENCE 2

years of experience as a Pension Specialist 1 with a three (3) rating for two 2 consecutive years as a level 1 or a (4) rating in last year as a level 1 is required. 2 years of experience in Benefits Administration with defined benefit or defined contribution plans preferred.

ADDITIONAL INFORMATION

The education and experience requirements vary depending on departmental needs.

Physical Demands:

Requires sedentary work involving standing or walking for brief periods, exerting up to 10 pounds of force on a regular basis; and some dexterity in operating office equipment.

THIS LIST OF ESSENTIAL FUNCTIONS IS NOT EXHAUSTIVE AND MAY BE SUPPLEMENTED AS NECESSARY.

Primary Location :

USA-TN-Memphis Work Locations :

AB01 David F Hansen Admin Bldg 220 South Main Street Memphis 38101-0430

Job :

Accounting & Finance Organization :

0330010

Pension Job Posting :

May 7, 2026, 10:21:22

AM Minimum Salary :

69,180.80

Midpoint Salary :

86,465.60