Pensions Officer - Islington

Pensions Officer – Islington (Temp Vacancy)

Umbrella Pay Rate: £19.73ph

Full-Time (37 hours)

Job Purpose:

As a Pensions Officer you work closely with the Pensions Team Leader and Principal Pensions Officer to provide a customer-focused, cohesive pension service for Islington, and external organisations who are admitted bodies in the Local Government Pension Scheme (LGPS). You are a trusted partner on pension related issues, forging strong relationships with managers and employees to provide a high quality, effective service ensuring the pensions team respond professionally and accurately to queries, update and maintain records, work at pace and with a professional outlook. Working closely with colleagues, you help to streamline and digitise the processes in your area, whilst supporting and contributing to service delivery and good communications, so that you can provide a first line pension service. You keep abreast of new developments, innovations and best practice in Pensions. You ensure pension records and other confidential information are maintained to standards and best practice guidance, always being aware of and sensitive to the confidential nature of the information.

Accountabilities:  

• Performing calculations relating to pension entitlements and transfers to, from and within the LGPS, calculations and checking of transfer of pension rights to and from private sector occupational pension schemes, and to and from personal pension arrangements, and to provide a cross-checking function with other postholders within the Office as directed.
• Collating and processing new members' records on the scheme database and validating information.
• Calculating and completing refunds of ordinary and additional voluntary contributions, and cross-checking with other postholders.
• Calculation of benefit estimates including alternatives, providing advice as required and cross-checking with other postholders.
• Administration relating to status variations and career changes, including Maternity Leave and other absences, and cross-checking with other postholders.
• Preparation of Pensions Payrolls including the collation of information, calculation of interim payments, and cross-checking with other postholders.
• Implementing revised procedures for the calculation of benefits arising from new legislation as directed.
• Creation and maintenance of financial records relating to certificates of protected pension benefits, and relevant calculations, and cross checking function.
• Calculation of the apportionment of Pension benefits in cases of divorce, and subsequent financial arrangements relating to an ex-spouses preserved pension rights.

We offer:

• 24 hour one on one specialist consultant based within your geographical area
• 4Recruitment Services Employee Benefits Programme
• Our own dedicated payroll support ensuring you get the full benefits of your payment

Recruitment is done in line with safe recruitment practices. 4Recruitment Services is an equal opportunities employer.

To discuss this vacancy or other vacancies in your area please contact  parbejm@4recruitmentservices.com