In the Teachers' Retirement Board this class is accountable for independently performing a full range of tasks in the examination and preparation of pension computations.
Works under the general supervision of an employee of higher grade.
May lead lower level clerical employees as assigned.
EXAMPLES OF DUTIES
Examines retirement applications, benefit computations, adjustments and settlements for compliance with statutory and regulatory requirements; examines retirement applications and supplementary documentation for accuracy and completeness; contacts applicants of local Board of Education personnel for clarification or additional information when necessary; applies auditing principles, complex formulas and statistical and/or actuarial tables when preparing pension estimates in response to requests by pending retirees and for inclusion in retirement system; audits computer generated benefit computations to verify individual data and totals; manually calculates benefit computations in cases of part time service, outside service, disability leave or early retirement; completes code sheets for information to be entered into computerized retirement system; audits computer generated statistical reports for accuracy against original records; computes settlements paid to beneficiaries of deceased retirees; computes retroactive payments and adjustments due to changes in legislation and/or court decisions; responds verbally and in writing to employee and agency inquiries regarding retirement data; may reconstruct individual retiree employment and salary history in order to detect and adjust for errors in payment; performs related duties as required.
KNOWLEDGE, SKILL AND ABILITY
Knowledge of financial record keeping principles, practices and procedures; knowledge of payroll principles, practices and procedures; considerable skill in performing arithmetical computations; interpersonal skills; oral and written communication skills; ability to analyze financial and service data of retirement accounts; ability to utilize statistical and actuarial tables in computing retirement benefits; ability to read, understand and apply laws, contracts and regulations; ability to operate office equipment including personal computers or other electronic equipment.
MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE
Four (4) years' experience in highly complex clerical work involving bookkeeping, accounts payable, accounts examining or finance.
Note: For state employees this is interpreted at the level of Financial Clerk.
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 two (2) years.
JOB CLASS DESIGNATION
(07)-ADMN CLERICAL (NP-3)
This replaces the existing specification for class of Retirement Examiner (Teacher's Retirement) in Salary Group CL 15 approved effective April 2, 2007. (2009 SCOPE Review)