Retirement Administrator

The Needham Contributory Retirement Board is seeking applicants for the full-time position of Retirement Administrator
. Under general supervision of the Chair of the Needham Contributory Retirement Board, the Retirement Administrator provides staff support and policy interpretation to the five-member Retirement Board to ensure provisions of MGL Chapter 32 are properly applied and implemented. The successful candidate will also provide technical information and policy interpretation regarding retirement benefits and programs to the Town’s employees and retirees (roughly 456) who receive a monthly benefit.

CON # 27001
Monday, Wednesday, Thursday 8:00 am - 5:00 pm
Tuesdays: 8:00 am - 6:00 pm
Fridays 8:00 am - 12:30 pm
37.5 hours/week

• Oversee daily operations of the Needham Retirement Office including supervision of office staff
• Administer various types of pension benefits for members; explain retirement programs to members and others
• Produce mandatory state financial reports and other reports as requested
• Interpret and enforce provisions of MGL Chapter 32, PERAC regulations, and decisions rendered by DALA, CRAB, IAB, IRS and DOR
• Maintain retirement accounting system including issuance of monthly benefit checks, calculation of COLA’s, updated to retiree benefit records, trial balance, receipts/disbursement/adjusting journals, account reconciliation, accounts receivable and payable, IRS filings and reporting, issuance of 1099R’s
• Assist annual auditor process and correct findings as needed.
• Manage confidential files; enrollments, adjustments and transfers of retirement members
• Provide data to Board, third parties and other departments as required.

The following requirements may be substituted by any equivalent combination of education, training, and experience which provides the necessary knowledge, skills, and abilities required to perform the job:

• Bachelor’s degree in Business, Administration or Accounting
• Five (5) to seven (7) years of experience in a MA retirement system; equivalent combination of education and experience
• Supervisory experience
• Proficiency in MS Office suite
• Ability to interpret statue and regulations, explain complexity of each to customers and others, solve problems, and work independently.

The Town of Needham is an Equal Opportunity Employer and is committed to fostering an inclusive and encouraging workplace. There shall be no discrimination on the basis of race, age, gender, national origin, disability, religion or belief, sexual orientation, marriage/civil partnership, pregnancy/maternity, veteran status, or any other protected class. We are an inclusive organization and actively promote equality of opportunity for all with the right mix of talent, skills, and potential.

We welcome all applications from a wide range of candidates. Selection for roles will be based on individual merit alone.

For general employment inquiries, please contact us at personnel.

The Town of Needham will endeavor to provide reasonable accommodation to a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete this form or to participate in an interview, please contact us at tswanson.