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Retirement Liaison

Location

Salt Lake City, UT, United States

Posted

Nov 29, 2022

Type

Full-Time

Job ID

22-735

Job Description

Description

Why a Career at Utah Transit Authority

A Career with UTA offers a unique opportunity to make a difference in our communities while building a purposeful, meaningful and rewarding career.

You will find a Rewarding Career at UTA comes with the opportunity to work with dedicated individuals who take enormous pride in their work and are committed to grow together and succeed together.  Together, we are UTA.

JOB SUMMARY

Responsible for maintaining and executing support for the UTA pension plan, deferred compensation plan, defined contribution plan, and retiree medical accounts. Serves as an expert advisor to the Pension Committee, 457 Committee, and UTA Senior Management. Serves as UTA’s liaison to participants, vendors, and beneficiaries. Reviews bi-weekly pension reports, monthly pension activity, coordinates 457 vendor meetings, and reviews actuarial valuations. Assists current and previous employees with retirement requests.

MINIMUM QUALIFICATIONS

EDUCATION/TRAINING: 

  • Bachelor's degree in Accounting, Human Resources Management, or related field.

EXPERIENCE: 

  • Four years’ experience administering defined benefit, defined contribution, and deferred compensation plans. 
  • Must have thorough knowledge of laws and regulations (e.g. ERISA), governing such plans.
  • Administration of 457 plans preferred.
  • Knowledge and experience with PC-based spreadsheets and database software required. 
  • CBP or equivalent certification required.
  • Fiduciary and investment experience is helpful.

Knowledge:

  • Laws and regulations (e.g. ERISA) governing retirement and benefit plans

Skills:

  • Excellent verbal and written communications skills
  • Customer Service skills
  • Organization skills
  • Math skills
  • Research skills
  • Database software
  • Microsoft Office software proficiency at an intermediate level in all of the following: Word, Excel and Outlook

 Abilities:

  • Ability to understand IRS and DOL regulations
  • Ability to work with employees, managers and executives
  • Ability to keep accurate records
  • Problem solving
An equivalent combination of relevant education and experience.

Pay Rate: Starting at $71,250.40 annually commensurate with experience.

Comprehensive Benefits Package

  • Medical with a low deductible, Dental, Life, Vision and Disability Insurance with a flexible health spending account.
  • 22 accrued days of PTO (13 vacation days and 9 sick days) including 12 additional holidays off/year
  • 457 Retirement plan, with a Retiree Medical Account
  • Pension plan, which fully vests after 5 years of employment
  • Employee health and wellness program including a free on-site clinic and with no cost to employees, their spouses, and their dependents
  • Training development and career advancement opportunities
  • Education tuition reimbursement
  • Free transit passes for all employees, their spouses, and their dependents under the age of 23
  • Free on-site fitness facilities and discounts to Vasa Fitness
  • Other discounts and memberships with various community partners.

PM21

 
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