DIRECTOR, PENSION AND BENEFITS

Salary: $120,993.60 - $181,459.20 Annually Location : Los Angeles, CA Job Type: Regular Employee Job Number: Cabinet: CHIEF PEOPLE OFFICE Cost Center: 5211 - PENSION & BENEFITS Opening Date: 09/25/2024 Closing Date: Continuous FLSA: Exempt Bargaining Unit: Non-Contract 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 does not deny participation in the application process to anyone with prior justice system involvement, in line with 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 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) 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. *Please refer to the applicable benefit type (Regular or Temporary)* BENEFITS FOR REGULAR EMPLOYEES Benefits cover probationary or regular full-time (working at least 40 hrs/week) employees of Metro. We offer a range of high-quality medical, dental and vision plan options as well as health care spending accounts for you and your family. Metro will cover a significant portion of your health care premiums. Medical/Dental/Vision Plan - Employee has the choice of 3 separate medical plans and 3 dental plans. A separate vision plan is included in each medical plan. Group Life Insurance - PTSC pays for an amount equal to your annual salary, rounded up to the nearest $1,000. Minimum amount of life insurance is $30,000. Accidental Death & Dismemberment Insurance - PTSC provides $50,000 coverage for each employee. Additional voluntary coverage in amounts up to $500,000 is available at favorable premium rates. Long-Term Disability Insurance - 100% employer paid. Provides employees with a minimum income of 60% of earnings after six months of disability. Buy up or buy down options available. Holidays - 12 days a year: New Year's Day, Martin Luther King, Jr. Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Veterans' Day, Cesar E Chavez, Juneteenth,Thanksgiving Day, Day After Thanksgiving, and Christmas Day. Time off with Pay (TOWP) - Compensates employees who are on approved absence from work for reasons such as illness, injury, medical and dental appointments, personal business, vacation, or observance of (a) religious holiday. Years of Service Annual Accrual Hire date - 5 years 20 days Beginning of 6th - 10th year 25 days Beginning of 11th - 15th year 30 days Beginning of 16th + years 35 days Pension Plan - PTSC retirement plan is the Public Employees' Retirement System (PERS). Vesting is five (5) years. Minimum retirement age is 52, based on the 2% at 62 formula. Other Benefits : Transportation passes for employees and/or eligible dependents; Medicare; Tuition reimbursement; credit union membership; SDI; Deferred Compensation Plan; 401(K) Thrift plan; EAP; Medical and Dependent Care Flexible Spending Accounts; Flexible work schedules; and Jury Duty Pay. BENEFITS FOR TEMPORARY EMPLOYEES Temporary (Contingent) employees are eligible for the following benefits only: Kaiser medical insurance Public Pension Plan 457/401K Plan Flex Spending Paid Sick Time Fare Media Rideshare Subsidies Metro One Fitness membership For more information on the Benefits Enrollment for Contingent Employees, please visit LA Metro's Pension & Benefits website at 01 Do you possess a valid Driver's License or have the ability to obtain one before an offer of employment? Yes No 02 Please acknowledge that the following responses will be used to supplement and expand on the Work Experience section of your application. It is important to provide detailed answers anddo not refer to or rely on a resume or other documentation as we will not review resumes to determine qualifications. The information provided in your application must support your selected answers in the supplemental questions. The information you provide will be verified and documentation may be required. Please be as accurate as possible. By completing this supplemental questionnaire you are attesting that the information you have provided is accurate. Any misstatements, omissions, or falsification of information may eliminate you from consideration or result in dismissal. Yes, I agree and understand my resume will not be reviewed 03 Please select the number of years of relevant management-level experience you have in administering pension and benefits programs. No management-level experience Less than 5 years 5 years or more, but fewer than 7 years 7 years or more, but fewer than 9 years 9 years or more years 04 If you indicated having management level experience in the previous question, please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A." 05 Please select the highest level of education you have completed. I do not have education equivalent to grade 12 High school graduate, diploma or the equivalent (GED) Associate degree from an accredited college or university Bachelor's degree from an accredited college or university Master's degree from an accredited college or university PhD from an accredited college or university Required Question

Created: 2024-10-27