Retirement Specialist Senior

PUBLIC SAFETY PERSONNEL RETIREMENT SYSTEM Honoring the contributions and sacrifices of Arizona’s public safety employees by providing outstanding service to those who protect and govern our state.
RETIREMENT SPECIALIST SENIOR

Job Location :
Address: 3010

E. Camelback Rd. Suite #200
Phoenix, AZ 85016

This position may offer the ability to work remote, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

The mission of Public Safety Personnel Retirement System is to deliver unparalleled service in providing retirement benefits to Arizona’s community of police officers, firefighters, corrections officers, judicial and elected officials. PSPRS serves approximately 60,000 active and retired public employees and is nationally recognized for its administrative and pension management excellence. We offer competitive pay and excellent benefits to those eager to serve our membership and mission.

Interested applicants can visit  to learn more about our agency.

JOB SUMMARY:

The Arizona Public Safety Personnel Retirement System (PSPRS) is currently seeking qualified candidates for the position of Retirement Specialist Senior. Under the supervision of the Retired Members Supervisor, this position is responsible for the timely processing and operations of health insurance premiums, insurance subsidy and retirement benefits as it relates to pension payroll. In addition, this position is responsible for the verification and processing of all cancer claims as it relates to the Cancer Insurance Plan that is administered by the System.

This position may offer the ability to work remote, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

• Enter and process new retirement applications for pension payroll to include normal, disability, surviving spouse, guardian/child, Deferred Retirement Option Plan (DROP) and Reverse DROP, lump sum death benefits, and deferred annuity for all three retirement plans.
• Reconcile and verify pension benefit calculations as provided by local pension boards and as assigned by Team Leaders.
• Analyze and reconcile application discrepancies.
• Enter and process monthly and annual open enrollment medical and dental insurance applications and premium subsidy.
• Reconcile and verify pension benefit calculations as provided by local pension boards and as assigned by Team Leaders.
• Coordinate, verify, and enter cancer insurance claims for payment.
• Analyze, compute and process monthly pension payroll adjustments for all three retirement plans to include, recalculations, complex split benefits with ex-spouses, IRS levy orders, child support orders, medical and dental insurance changes, benefit increases and also process federal and state tax with holdings.
• Review complex calculations and update member accounts with Domestic Relations Orders.
• Enter and process retiree data changes submitted in paper form and by on-line applications to include direct deposit, name, address and beneficiary designation changes.
• Perform weekly reconciliation and verification of co-worker's monthly pension payroll data entry changes to include health insurance, federal and state tax with holdings, direct deposit, name and address, and beneficiary changes.
• May serve as primary coordinator or assist with the following tasks and special projects as needed:
  • Verify Deferred Retirement Option Program (DROP) calculations.
  • Administer and process the monthly child benefit eligibility letters and adjustment to benefits.
  • Monitor and process the daily ADOA electronic add/change/term forms.
  • Administer and process the monthly Medicare eligibility letters.
  • Review, calculate and process the monthly contribution clean-up for retired members.
  • Edit retirement forms and spreadsheets due to legislation updates and test the intricate calculations within the spreadsheets.
  • Draft and edit written procedures.
  • Review Local Board minutes.
  • Annually evaluate and update retiree and ex-spouse benefit amounts that qualify under the excess benefit arrangement program (QEBA).
• Perform administrative functions as needed to include the following, but not limited to:
  • Perform Accounts Receivable duties by processing incoming revenue for member/employer contributions; service purchase/transfer, court fees, and personal over payment checks.
  • Process ACH returns, stop payments, and check…