Pension Advisor
- Calculate and check redundancy payments
- Collate and provide pay data for early retirements to enable accurate calculation of pension benefits and employer costs
- Advise on pay details relating to sickness, parental leave, strike action, and unpaid absences; verify any related calculations
- Set up new employers and admitted bodies on the fund accurately and without delay
- Monitor and reconcile LGPS contributions from employees and employers, including schools and academies; resolve discrepancies
- Ensure payroll providers administer Additional Voluntary Contributions (AVCs) correctly, and share information with providers and members promptly
- Maintain accurate records and compile statistics for performance monitoring and reporting
- Retrieve archived records to assist with queries from members or third parties
- Review pensions payroll data, flagging discrepancies related to new pensioners, deaths, or payment adjustments
- Provide guidance and support to payroll teams on pension-related processes
- You will have a strong understanding of pensions, particularly the Local Government Pension Scheme (LGPS), and previous experience in a similar role where attention to detail and accuracy were essential.
- Solid knowledge of LGPS regulations, with an understanding of the Teachers’ Pension Scheme, State Pension, HMRC requirements, and The Pensions Regulator’s guidance
- Confident in liaising with employers to ensure timely and accurate provision of pension information
- Structured and organised approach to tracking contributions and reviewing payroll data
- Proven ability to manage pension events such as retirements, leavers, or changes to working hours, with accurate record keeping
- Experience calculating pensionable pay and preparing payment instructions for retirement grants, refunds, transfers, and death benefits
- Adept managing supplier invoices and ensuring timely payment
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