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Retirement Administrator

Job Organization: 
Oakland County, Michigan
Job Location: City: 
Waterford
Job Location: State: 
MI (Michigan)
Job Location: Zip: 
48328
Low Salary: 
$72,596.00
High Salary: 
$94,455.00
Wage Rate: 
per Year
Job Description: 

Under limited direction, is responsible for planning, managing, directing, coordinating, supervising and administering activities of the defined benefit retirement plan, defined contribution retirement plan, deferred compensation plan, Retiree Health Savings plan, IRA, VEBA, Superseding Trust, and medical benefits for Oakland County employees, retirees, and beneficiaries in accordance with applicable laws and policies established by the Oakland County Retirement Commission. Act as liaison with the Retirement Commission. Ensure that investments adhere with County policy. Manage staff employees, supervise the administrative operations of the retirement system, and perform related work as required. Interact with County employees, departments, the Board of Commissioners, the Retirement Commission, the County actuary, and others necessary to administer retirement policies, procedures and record maintenance systems. Assist Commission to establish goals, measurements, and performance standards for the delivery of an efficient, economical and quality retirement plan. Utilize current county-wide and/or department specific software to complete assignments.

Job Requirements (Optional): 

1. Possess a Bachelor's Degree from an accredited college or university with a major in Economics, Finance, Public Administration, Business Administration, or related field; AND

2. Have at least seven (7) years of full-time work experience in the administration of Pension Plans, in investment fund management, or closely related experience with one (1) year as a supervisor.

NOTE: A Master's degree in Business Administration, Finance, or a closely related field may be substituted for one (1) year of the work experience.

3. Pass the complete examination, including the employment medical established for this classification.

4. Successfully complete the six month probationary period.