- Pension Administration: Maintain accurate scheme member records, including calculating and checking redundancy payments, early retirement benefits, and pensionable remuneration.
- Employer Liaison: Work closely with employers to ensure they meet their obligations to the pension fund, providing timely and accurate pension information.
- Payroll Reconciliation: Monitor and reconcile LGPS employee and employer contributions, resolving discrepancies with external payroll providers.
- Data Management: Maintain precise records for system control, performance monitoring, and benchmarking. Retrieve archived records to address queries from members, employers, and third parties.
- Training & Guidance: Deliver training and guidance to payroll administrators on LGPS administration.
- Compliance: Ensure adherence to LGPS Regulations, Teachers’ Pension Scheme (TPS), Discretionary Payments Regulations, and HMRC requirements.
- Essential Experience: Proven experience in pension administration, particularly within the LGPS, is essential.
- Knowledge: A strong understanding of LGPS Regulations, TPS, and HMRC requirements is required.
- Skills: Excellent numerical and analytical skills, with the ability to perform and check complex pension calculations. Strong communication and organisational skills are essential.
- Attention to Detail: A meticulous approach to data accuracy and record-keeping.
- Problem-Solving: Ability to resolve discrepancies and provide solutions to pension-related issues.
- Competitive Pay: Earn £21 per hour PAYE or £26 per hour Umbrella.
- Hybrid Working: Enjoy the flexibility of working both remotely and in the office.
- Supportive Environment: Join a dynamic and collaborative team within a leading London local authority.
- Career Development: Gain valuable experience in a high-impact role within the public sector.
- Make a Difference: Contribute to the effective administration of pension schemes, ensuring members receive accurate and timely benefits.