State of Connecticut Executive Branch

Teachers' Retirement Board Administrator (7050MP)

$60.69-$82.75 Hourly / $4,855.18-$6,619.78 BiWeekly /
$126,720.00-$172,776.00 Yearly


PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Teachers Retirement Board this class is the Chief Administrative Officer accountable for administering the public school Teachers Retirement System.

SUPERVISION RECEIVED

Receives administrative direction from the Teachers Retirement Board.

SUPERVISION EXERCISED

Administers programs and operations of board; directs all staff.

EXAMPLES OF DUTIES

  • Administers staff and operations of the Teachers Retirement Board; 
  • Develops, implements, and evaluates policies, goals and objectives;
  • Designs and develops programs and activities; 
  • Implements new procedures and procedural revisions; 
  • Determines appropriate staffing levels and directs management and coordination of staff; 
  • Designs and implements performance review standards for staff;
  • Maintains contacts with individuals within and outside of the Board who might impact on policy or program activities; 
  • Advises the Board of developing state and federal regulations of retirement industry; 
  • Prepares reports for the Board on technical subjects as background for policy actions; 
  • Provides counsel to the Board during hearings of members' appeals and assists the Office of the Attorney General in litigation against the Board;
  • Supervises maintenance of individual accounts for members of retirement system and preparation of financial statements and statistical reports; 
  • Negotiates and executes contracts with actuaries, medical doctors and others who provide services to retirement system; 
  • Drafts and interprets bylaws and regulations adopted by the Board;
  • Supervises preparation of reports, publicity, news releases, newsletters to members and bulletins; 
  • Directs examination and investigation of retirement applications and affidavits and approves payment of retirement allowances; 
  • Plans and prepares agenda for monthly and special Board meetings; 
  • Directs state operated programs for teachers which provides for survivors' and dependents' payments; 
  • Attends and testifies at legislative hearings pertaining to Teachers Retirement System; 
  • Directs maintenance of all accounts and records of agency;
  • Certifies data to State Department of Education for critical grant programs; 
  • Leads the recruitment and hiring of staff, including outreach, interview and selection;
  • Performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

  • Considerable knowledge of
    • and ability to apply management principles and practices;
    • and ability to interpret and apply relevant state and federal laws, statutes and regulations;
    • retirement and pension fund administration, practices and procedures; 
  • Knowledge of
    • budget preparation and control; 
    • accounting principles and practices; 
  • Considerable
    • interpersonal skills; 
    • oral and written communication skills.

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Ten (10) years of experience in the administration of financial, pension, retirement or insurance programs.

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

One (1) year of the General Experience must have been in a managerial capacity.

NOTE:

  • Managerial capacity is defined as formulating goals and objectives, developing and implementing program procedures, initiating program policies and developing and maintaining a budget.
  • For state employees, this experience is interpreted at the level of a Teachers Retirement Board Assistant Administrator.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

  • College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree.
  • A Master's degree in business administration, public administration or a closely related field may be substituted for one (1) additional year of the General Experience.

JOB CLASS DESIGNATION

Classified/Non-Examined

OCCUPATIONAL GROUP

(12)-General Administration and Management

BARGAINING UNIT

(02)-MANAGERIAL

EEO

(1)-Officials And Administrators

SALARY INFORMATION

MP 71

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes.  As such, a job class is not meant to be all-inclusive of every task and/or responsibility.

CANCELLATION CLAUSE

This replaces the existing specification for the class of Teachers Retirement Board Administrator in Salary Group MP 71 approved effective December 8, 2017. (Revised to add Acknowledgement section and modify content) Final 22-007

EFFECTIVE DATE

04/01/2022

CLASS: 7050MP; EST: 6/29/1933; REV: 5/19/2022;