Pensions Advisor

Pensions Advisor - Temp 3 months - £20.86 per hour – London/Hybrid

Local Authority is seeking a Resident Access Advisor to support their Resident Services team at their West London offices.

This is a temporary position to start ASAP for an initial 3-month period and will pay £20.86 per hour.

This is a hybrid position working circa 3 days at their offices in Hammersmith.

The role can be offered on either a full or part time basis.

The main responsibilities of the Pension Advisor will include:

• Develop and maintain a sound knowledge of the Local Government Pension Scheme (LGPS) Regulations, Teachers Pension Scheme (TPS), Discretionary Payments Regulations, the State Pension Scheme, and HM Revenue & Customs (HMRC) and The Pensions Regulator requirements in respect of pensions.
• Assist in maintaining statistical data, including records of payments to and from the Pensions Fund and the accuracy of LGPS deductions from scheme members’ pay as calculated by employers.
• Calculate and check that pensionable remuneration has been correctly determined for deferred retirement benefits, actual retirement benefits, interfund adjustments and any other transfer values or benefits.
• Calculate and check redundancy payments where required.
• Advise the pensions administrator of pay to be used in the calculation of child related absence, sickness, strike and leave of absence, and to perform / check any calculations as required.
• Ensure that any new employers or admitted bodies are on boarded into the Fund in accurately and timely manner
• Control, monitor and reconcile the LGPS employee and employer contributions for employing and admitted bodies, schools and academies with external payroll providers, and resolve any discrepancies.
• Ensure that employers and their payroll administrators are correctly administrating AVC deductions.

The ideal Pensions Advisor will have the following knowledge, skills and experience:

• Previous experience in a similar pensions role.
• Knowledge and experience of LGPS (Local Government Pension Scheme)
• IT proficient to include MS Office packages.
• Excellent attention to detail and numerate
• Good verbal and written communication skills.

 

ONLY SHORT LISTED APPLICANTS WILL BE CONTACTED.