DIRECTOR, PENSION AND BENEFITS

Los Angeles Metro
One Gateway Plaza, Los Angeles, California 90012 United States  View Map
Posted: Sep 26, 2024
  • Salary: $120,993.60 - $181,459.20 Annually USD Annually
  • Salary Top:181459
  • Full Time
  • Administration and Management
  • Other
  • Job Description

    Metro’s mission is to provide a world-class transportation system that enhances the quality of life for all who live, work, and play within LA County.

    Description

    Plans, directs, and manages the activities of Metro's pension plans and benefits programs to provide responsive, accountable, and trustworthy governance, and serves as the Trust Fund Administrator for the Metropolitan Transit Authority - Amalgamated Transit Union (MTA-ATU) Health and Welfare Fund.

    Examples of Duties

    • Develops strategies, goals, and policies related to providing a comprehensive package of health and welfare benefits
    • Provides direction on negotiation of annual plan rate renewals and services of all plans
    • Directs administration of benefit plans for non-contract, AFSCME (American Federation of State, County and Municipal Employees), Teamster, and ATU employees and retirees
    • Serves as Pension Administrator for the agency's self-administered defined benefit plans
    • Directs administration of the deferred compensation programs, such as 401K, 457, and Roth Individual Retirement Account (IRA)
    • Provides recommendations and support to respective Pension Plan Administrative Committees, Deferred Compensation Committee, and the MTA-ATU Health and Welfare Board; advises senior management and prepares reports/presentations for Metro's Board of Directors as required for approval of annual health and welfare plan renewals and other projects, as required
    • Directs Pension and Benefits staff in day to day activities, projects, and programs, which include establishing eligibility and enrollment criteria in applicable pension plans, providing retirement counselling, reviewing and processing retirement applications, processing disbursement of pension benefits, educating employees about health benefits, assisting employees with enrollment, acting as a liaison and advocate for employees and retirees with insurance coverage, analyzing eligibility, transmitting data to health plan vendors and union Health and Welfare Trusts Funds, overseeing the annual open enrollment process, and developing employee communications
    • Interprets and applies complex regulatory provisions related to pension and benefit plans; ensures and maintains regulatory compliance of pension and benefit plans
    • Participates in the annual actuarial valuation of various retirement income plans; provides data and responses to the plans' actuaries
    • Directs the bi-annual audits of monthly pension recipients and disability pension recipients; directs the annual audit of Medicare Part B recipients
    • Provides direction to staff assigned to the Unemployment Insurance Program and represents Metro at hearings before Administrative Law Judges and the California Unemployment Insurance Appeals Board
    • Develops and manages departmental budget and non-departmental fringe benefit budgets
    • Approves all payments made from the retirement income plans
    • Interprets and applies provisions of the collective bargaining agreements; provides recommendations and support to Employee and Labor Relations as a subject matter expert regarding pension and benefits articles in collective bargaining agreements
    • Develops, tests, and implements enhancements to computer systems in conjunction with Information Technology Systems (ITS) personnel
    • Directs development of educational programs related to financial planning, retirement, and employee benefits
    • Establishes and implements policies and procedures governing Pension and Benefits functions
    • Guides and directs staff with a focus on customer service and consistent application of policies and procedures
    • Manages the procurement and ongoing activity of multiple consulting and administrative contracts, performs contract selection, and directs consultant and vendor projects/activities
    • Consults with and advises outside attorneys and other legal representatives on pension joinders and division of benefits; provides pre-approval before documents are filed with the courts
    • Represents department at meetings, conferences, and public events
    • Conducts special studies, as required
    • Supervises, trains, mentors, motivates, and sets goals for assigned staff
    • Communicates and implements safety rules, policies, and procedures in support of the agency's safety vision and goals; and maintains accountability for the safety performance of all assigned employees
    • Contributes to ensuring that the Equal Employment Opportunity (EEO) policies and programs of Metro are carried out

    May be required to perform other related job duties

    Minimum Qualifications

    A combination of education and/or experience that provides the required knowledge, skills, and abilities to perform the essential functions of the position. Additional experience, as outlined below, may be substituted for required education on a year-for-year basis. A typical combination includes:

    Education
    • Bachelor's Degree in Business, Public Administration, or a related field


    Experience
    • Five years of relevant management-level experience administering pension and benefits programs; some positions in this class may require specialized experience in area of assignment


    Certifications/Licenses/Special Requirements
    • A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions


    Essential Knowledge

    Knowledge of (defined as a learned body of information that is required for and applied in the performance of job tasks)
    • Theories, principles, and practices of pension, benefits, and unemployment insurance benefits administration
    • Budget, contracts, and related policies and practices
    • Budget preparation and variance analysis
    • Applicable local, state, and federal laws, rules, and regulations governing pension and benefits administration for a public sector agency
    • Modern management theory and principles


    Skill in (defined as the proficient manual, verbal, or mental utilization of data, people, or things)
    • Directing operations of large-scale and complex pension and benefits plans and programs
    • Compiling, analyzing, and interpreting complex data
    • Handling highly sensitive and confidential information
    • Developing and implementing strategies for meeting goals and objectives
    • Establishing and implementing policies and procedures
    • Analyzing situations, identifying problems, recommending solutions, and evaluating outcomes
    • Exercising sound judgment and creativity in making decisions
    • Communicating effectively orally and in writing
    • Interacting professionally with various levels of Metro employees, former employees, and outside representatives
    • Preparing comprehensive reports, presentations, and correspondence
    • Supervising, training, mentoring, and motivating assigned staff


    Ability to (defined as a present competence to perform an observable behavior or produce an observable result)
    • Disseminate information and resolve issues
    • Think creatively and act independently
    • Understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements
    • Plan financial and staffing needs
    • Read, write, speak, and understand English

    Special Conditions

    The physical demands described are representative of those that must be met by the employee to successfully perform the essential functions of this job. Metro provides reasonable accommodation to enable individuals with disabilities to perform the essential functions.

    Working Conditions
    • Typical office situation
    • Close exposure to computer monitors and video screen


    Physical Effort Required
    • Sitting at a desk or table
    • Operate a telephone or other telecommunications device and communicate through the medium
    • Type and use a keyboard and mouse to perform necessary computer-based functions
    • Communicating through speech in the English language required

    (HT)

    Metro is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, ancestry, national origin, gender, marital status, sexual orientation, religion, age, veteran status, or disability. Learn more about Metro’s Equal Employment Opportunity Program . Metro does not deny participation in the application process to anyone with prior justice system involvement, in line with Fair Chance hiring practices.

    Selection Procedure

    Applicants who best meet job-related qualifications will be invited to participate in the examination process that may consist of any combination of written, performance, or oral appraisal to further evaluate job-related experience, knowledge, skills and abilities.

    Application Procedure

    To apply, visit Metro's website at www.metro.net and complete an online Employment Application.

    Computers are available to complete online Employment Applications at the following Metro location:

    METRO Headquarters, Employment Office
    One Gateway Plaza
    Los Angeles, CA 90012

    Telephone:
    (213) 922-6217 or persons with hearing or speech impairments can use California Relay Service 711 to contact Metro.

    All completed online Employment Applications must be received by 5:00 p.m. on the closing date. Late applications will not be considered.

    *Open to the public and all Metro employees

    This job bulletin is not to be construed as an exhaustive list of duties, responsibilities, or requirements. Employees may be required to perform other related job duties.

    Closing Date/Time: Continuous
  • ABOUT THE COMPANY

    • Los Angeles County Metropolitan Transportation Authority - LA Metro
    • Los Angeles County Metropolitan Transportation Authority - LA Metro

    Los Angeles County Metropolitan Transportation Authority (Metro) is unique among the nation’s transportation agencies. It serves as transportation planner and coordinator, designer, builder and operator for one of the country’s largest, most populous counties. More than 9.6 million people – nearly one-third of California’s residents – live, work, and play within its 1,433-square-mile service area.  Our goal is to provide safe, clean, reliable, on-time, courteous service dedicated to providing Los Angeles County with a world class transportation system.

    Metro moves Los Angeles County. Our team operates one of the country’s largest transportation systems – and is planning, designing and constructing its expansion. We are a comprehensive transportation agency, with programs in transit, highways, active transportation and more. The agency’s internationally recognized sustainability programs are based on visionary environmental policies and are part of everything we do.

    Come Aboard!

    Join Metro’s team of dedicated transportation professionals and help provide the people of Los Angeles County with one of the most effective and efficiently operated mass transit systems in the entire country. Metro offers a variety of employment opportunities that present exciting challenges and growth opportunities in an outstanding work environment.



     

     

     

       

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