Administrator II - Data Control Unit; Administrator II

Introduction

The Maryland State Retirement and Pension System (MSRPS) administers benefits for over 397,000 members, including active employees, retirees, and vested participants across 12 retirement systems—supporting the financial security of Maryland’s public servants. Located in Baltimore’s Central Business District, MSRPS offers a purpose-driven workplace with modern amenities, including panoramic city and harbor views, renovated common areas, upgraded elevators, and an on‑site cafe.

Employees enjoy comprehensive state benefits including medical, dental, prescription coverage, generous paid leave, participation in the state pension system, and supplemental retirement savings options (401(k), 457(b), and more). Additional perks include an on‑site fitness center with showers and lockers, 24/7 building security, and easy access to restaurants, shops, public transit, and major highways. If you’re seeking a career with impact, stability, and a supportive environment, explore opportunities with MSRPS.

This position requires that the incumbent work overtime (evening, weekends and holidays) if the volume of work dictates the necessity. The position is designated as telework‑eligible under the State of Maryland’s Telework Policy, after successfully completing the defined required training period.

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120 East Baltimore Street, Baltimore, Maryland 21202

The position is responsible for the analysis and reconciliation of critical agency master file database files including the following:

• 1099R tax reporting files used to report calendar year end distributions to active, deceased, and retired members, in compliance with Internal Revenue Service rules and regulations.
• 1042S tax reporting used to report international retirees calendar year end distribution in compliance with Internal Revenue Service rules and regulations.
• Refund Master Files which record automated refunds (over 5,000 per year – more than $23 million) issued to members and their beneficiaries throughout the year. This includes voucher preparation and refund verification for all disbursements above the agency‑established threshold.
• Processing and reconciling monthly‑automated retirement payments to over 155,000 payees more than $250 million monthly. This includes preparation and reconciling of the payment voucher, verification for all disbursements above the agency‑established threshold, and reconciliation to the General Ledger to ensure that all database transactions remain in balance with the Retirement Accumulation Fund. The Fund is comprised of twelve separate funds for each of the individual retirement/Pension systems (Teachers, Employees, State Police, etc.)
  
  administered by the Agency, and reconciliations must occur on a system‑by‑system basis for each Fund.

• Assist in maintaining the integrity of the Refund Master file through the accurate and timely reconciliation of the automated update/maintenance jobs to the job output. Reconciles the automated refund disbursement voucher to ensure that it accurately reflects refund payments to members and their beneficiaries. This involves the analysis, reconciliation and testing of data generated through various automated jobs. Performance of these reconciliations/verifications requires an excellent knowledge of agency refund formulas, tax rates and the agency’s automated method of calculation.
  
  Because refund disbursements are printed off‑site by the Maryland State Treasurer’s office, this position must coordinate the exchange of data between agencies that is necessary for accurate and timely reconciliation. Timeliness is critical as the agency has a very restrictive schedule for disbursement of the monthly refund payments.
• Reconcile the monthly 1099 disbursements to retirees and beneficiaries, active members and deceased member beneficiaries. Responsible for the preparation, analysis, identification, documentation, initiation and follow up on actions necessary for correction of the Agency’s General Ledger or 1099R data files. The accuracy of these files is critical as it impacts the Agency’s calendar year 1099R reporting to the members,…