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Pension Specialist
2 weeks ago
Department-
- STRP- Location-
- Saskatoon - Head Office- Position Type-
- Full Time- Salary-
- $66,961.46 - $86,942.82- Date-
- 2025.11.21- Description-
- **Pension Specialist, Saskatchewan Teachers' Retirement Plan**
- The Saskatchewan Teachers' Retirement Plan is currently seeking two Pension Specialists to provide support to our pension plan members.
- **Our purpose**
The Saskatchewan Teachers’ Federation has advanced the interests of teachers and advocated for excellence in public education for more than 90 years. We are a professional organization representing over 13,500 teachers employed in PreK-12 schools across the province who are trusted and respected leaders and partners in education.
- **What we do**
Working with the Federation is more than a job. It’s about contributing, through your professional background, to quality public education. It’s about providing exceptional programs and services that support Saskatchewan teachers and their profession.
- **What we value**
We work as a team, recognizing that we all play a part, directly or indirectly, in realizing our purpose. We are committed to a workplace that engages its diverse workforce and offers a stimulating environment where individuals are provided with opportunities to grow both personally and professionally. We are inclusive and celebrate diversity by supporting an environment where everyone feels valued, respected, and empowered to contribute their best.
- **About the team**
The Saskatchewan Teachers’ Retirement Plan staff administer the pension plan that covers Saskatchewan teachers, ensuring they have a lifetime pension on retirement. The STRP staff use their professional skills to provide accurate calculations and support to teachers planning and during their retirement.
- **What you’ll do**
With a focus on service and plan member experience, this position is part of a team of pension specialists that provides member services through multiple forms of communication. The Pension Specialist ensures members receive accurate and timely pension information and provides clarity to assist members in understanding their benefits under the STRP Plan Text and applicable legislation.
- Responsibilities include:
Answer inquiries with regards to STRP plan provisions.-
- Meet with members on an individual basis to explain benefit eligibility and options under the Plan Text. Provide explanations of pension legislation and impact of each option to the member.
- Respond with a detailed explanation directly to members regarding any requests/calculations that are not eligible under the Plan or which have been restricted by provincial or federal legislation.
- Calculate spousal relationship breakdown values and provides correspondence on requirements for a marriage settlement payout request and subsequent impact to member’s pension.
- Evaluate member eligibility for benefit entitlements and other optional pension transactions such as purchases of service, transfers to other pension plans, etc.- Research and investigate situations that are not typical to the Plan; presents case analysis and solutions to team lead and plan manager.
- Consistently review system generated calculation results to ensure the pension benefits are administered correctly and in accordance with the Plan Text and applicable legislation.
- Peer review calculations and option statements performed by another pension specialist or a pension technician for accuracy and compliance.
- Triage incoming member requests and optimize workflow by reviewing member file to determine any applicable deadlines and request by urgency.
- Liaise and build relationships with other pension plan authorities that participate in the reciprocal agreements.
- Work with school divisions on any member data issues that are problematic.
- Trains, mentor, and coach junior pension technicians and pension technicians.
- Maintain the Specialist Policy and Procedures manual to ensure the content is current and complete for reference and training purposes.
- Develop and provide group pension presentations.
- Create and develop statistical reports for internal analysis and management reporting.
- Continually review plan operations and internal processes with team lead and plan manager to incorporate efficiencies.
- Provide assistance in the development, composition and review of various communication materials to ensure they are up to date and accurate.
**What you’ll bring**
An undergraduate degree in the area of economics or commerce, combined with 3-4 years of related pension experience. An equivalent combination of education and experience will also be considered.
- A Pension Plan Administration Certificate or equivalent is preferred. Consideration will be given to those who do not have a pension designation or related experience, as training will be provided; however, the incumbent will be required to enroll and successfully complete the requirements of the Pension Plan Administration Certificate.
- Strong interper
