Pension Benefits Officer

Town Of Kindersley; Kindersley; On-site; CAD 60,000 - 80,000; Full time

Job summary

A local government department is seeking a Pension Benefits Officer in Canada to manage pension calculations and member accounts. The successful candidate will need strong financial skills, attention to detail, and the ability to communicate effectively. The position offers a competitive salary and benefits, with a commitment to diversity and inclusion in the workplace.

Benefits

Dynamic and challenging work

Comprehensive benefits package

Inclusive work environment

Vacation and earned days off

Qualifications

• Knowledge of financial accounting principles and practices.
• Ability to accurately perform mathematical calculations.
• Experience developing complex spreadsheets.

Responsibilities

• Calculate payments from the Plan and make adjustments to member accounts.
• Process monthly annuity and VB pension payments.
• Communicate with retired members regarding payments and changes.

Skills

Client focused

Attention to detail

Complex math skills

Effective communication

Education

Two-year business course

Diploma or certificate in accounting

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

The Saskatchewan Pension Plan (SPP), was created in 1986 and is a fully funded, capital accumulation plan created by the provincial government. SPP provides a professionally managed pension plan at low fees to individuals with little or no access to employer-sponsored pensions. SPP has over $850 M in assets under management and over 32,000 members.

The Opportunity

The SPP is seeking a well-organized, client focused, and efficient individual to join its pension services team as the Pension Benefits officer. The successful person will be responsible for calculating payments from the Plan and making adjustments to member accounts. This individual will also be required to: explain, both verbally and in writing, calculations, Plan rules, policies and procedures to members, legal representatives, and financial consultants; be responsible to audit calculations; and design Excel spreadsheets and Word merges.

Specifically, this position is responsible for:

Processing monthly annuity and VB pension payments and income tax requests, calculates overpayments upon death, calculates and initiates death benefit payments, mails cheques and retired member statements of account.
Process and communicate with VB retirement members wishing to close their account or transfer out to an SPP annuity or other outside retirement vehicle.
Reconciles the current month’s VB and annuity retirement payroll.
Assists with annual reconciliation of T4A and NR4 tax slips.
Staying current on changes to federal and provincial retirement income programs as they affect post-retirement choices for VB retirement members.
Verifies that systems properly generate interest, benefits, minimum payment, and income tax amounts in accordance with Saskatchewan Pension Plan Act and Regulations and CRA requirements.
Communicates with retired members and their representatives regarding payments, address changes, beneficiaries, death benefit payments, powers of attorney.
Consults with post-retirement members regarding annuity and VB pension options, CRA-required minimum withdrawals from VB accounts, mandatory and voluntary income tax, options to transfers in/out, T4A/NR4 amounts.
You will have knowledge of:

Financial accounting principles and practices.
Complex math skills.
Computer applications including Microsoft Windows, Word, Excel, and Outlook.
You will have demonstrated ability to.
Accurately perform mathematical calculations to audit pension payments and payouts.
Plan, prioritize and organize work in order to meet strict deadlines while experiencing frequent interruptions and changing priorities.
Examine, understand, explain, and appropriately apply policies and procedures to retirement related issues.
Compare, recognize and correct discrepancies in order to balance and ensure data integrity.
Seek out relevant information to develop and maintain procedures or identify problems.
Work independently and cooperatively with others in a team environment to establish, build and maintain positive working relationships and to ensure deadlines, goals, and objectives are met.
Communicate effectively, verbally and in writing to a diverse group of individuals and their families and representative to explain Plan provisions.
Access, retrieve, input, change and process information in a database.
Develop complex spreadsheets.
Develop merges in word processing software.
You will be:

Attentive to detail and policy to ensure accuracy of work.
Flexible and self-motivated when dealing with multiple demands and priorities.
Service orientated.
As our successful candidate, you will have strong knowledge of the pension industry and practices. You bring a solid understanding of the regulatory environment along with effective communication skills.

Typically, the knowledge, skills and abilities for this position are acquired through completion of a two-year business course, a diploma or certificate in accounting, or equivalent experience supplemented with Canadian Investment Funds Course. The successful candidate must pass the Canadian Investment Funds Course offered within the first six months of employment.

The successful candidate shall be subject to a Criminal Record Check as a condition of employment.

What We Offer:

Dynamic, challenging work for talented financial professionals.
A competitive salary.
Comprehensive benefits package including pension.
Vacation, earned days off (EDO) and other types of leave.
Inclusive work environment.

We are committed to workplace diversity.

Hours of Work:A – SGEU Office 36 – one day off every two weeks
Number of Openings:1

Closing Date:Sep 21, 2025, 11:59:00 PM