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Oxford, Oxfordshire, United Kingdom DataCareers Full timeAbout the RoleDataCareers is seeking a skilled Pensions Administrator to join our team on a 6-month contract basis. As a Pensions Administrator, you will be responsible for managing and maintaining pension records with the highest level of accuracy.Key ResponsibilitiesPrecision and Accuracy: Ensure all pension data is processed accurately and...
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Pensions Technician
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Oxford, United Kingdom Portfolio Payroll Full timeWe are currently recruiting for a ongoing temporary role based Oxfordshire the appropriate candidate must be available and ready to start ASAP. Please find more detail on the role below, if this is of interest apply, and one of our consultants will contact you. PENSIONS TECHNICIAN - £15.54 P/H PAYE OR £20.11 P/H UMBRELLA - OX5 Office Based Mon - Thur...
Pensions Administrator
4 months ago
We are on the lookout for a Pensions Administrator to join our well-established client in Banbury on a temporary basis for 1 year. The hourly rate is £10 to £10.71 per hour. This is a full-time role working Monday to Friday with no weekends.
Our client is the elected body responsible for the most strategic local government services in the county. These services include but are not limited to education, social services, public health, highway maintenance, waste disposal and more.
**About the role**:
As a Pensions Administrator, you will be responsible for:
- To have or develop and maintain knowledge of current and previous Local Government Pensions Scheme/Fire Scheme regulations.
- To be able to calculate and/or pay scheme benefits for retirements; deaths; estimates; redundancy; refunds of contributions; preserved benefits and transfers of benefits out of the scheme.
- To be able to calculate the effect on scheme benefits of changes to working hours; maternity leave; paternity leave; unpaid leave; pensions increase; ill health enhancements; guaranteed minimum pensions; transfer of benefits in to the scheme; re-employmentof pensioners and merged benefits in to the scheme; re-employment of pensioners and merged benefits.
- To be able to validate the work of other benefit administrators in respect of transfer of benefits in and out of the scheme; leavers; re-employment; maternity leave; name changes and address changes.
- In all cases to update or verify that the information to the database has been input accurately and in accordance to team procedures; pensions fund regulations; the requirements of the pension regulation and taking account of data protection.
- To review the data received from scheme employers for accuracy and consistency - challenging and querying this where there are anomalies - to ensure that data can be uploaded to pension system.
- To maintain records of data received and any queries generated.
- To maintain accurate records of scheme employer information
- To contribute to the continuous improvement of Pensions Services procedures by ensuring that all work is carried out in accordance with current procedures and by contributing to the review of those procedures and trialling and implementing any proposedor agreed changes.
- Any other duties and responsibilities appropriate to grade and level of responsibility or this role.
I am keen to speak to anyone who has knowledge of the Local Government Penson Scheme and has previously used Altair.
I would be interested in speaking to any who have a strong administrative background.
**We wish you the best of luck in your job search**
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