Replacement Benefit Plan and Roll Processing Analyst

CalPERS; Sacramento (CA); Hybrid; USD 72,000 - 91,000; Full time

Job summary

CalPERS in Sacramento seeks a Replacement Benefit Plan and Roll Processing Analyst to perform complex analytics on the RBSD's benefit rolls and processing workflow.

The role applies federal limits to benefits, handles weekly and monthly billing, and supports CalPERS mission through accurate data processing and collaboration with partners.

This permanent, full-time position offers a hybrid office schedule and opportunities for advancement within California's premier public pension system.

Qualifications

• Minimum Qualifications are listed in the Classification Specification.
• You may need to pass an examination to establish list eligibility.
• Transcripts and foreign degree evaluations may be required.

Responsibilities

• Perform complex analytical duties pertaining to the Replacement Benefit Plan and benefit rolls.
• Apply federal limits to benefits, manage annual billing and collections.

Job description

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

Position Details

• Job Code #: JC-528712
• Position #(s): 275-410-5393-058
• Working Title: Replacement Benefit Plan and Roll Processing Analyst
• Classification: ANALYST II
• Salary: $6,031.00 - $7,547.00 A
• New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.
• # of Positions: 1
• Work Location: Sacramento County
• Telework: Hybrid
• Job Type: Permanent, Full Time

Department Information

The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public pension fund, providing retirement and health benefits to public employees, retirees, and their families. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement.

If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website !

To take a look at CalPERS as a destination employer, view this YouTube video .

Job Description And Duties

Anticipated Interview Dates: We anticipate holding in-person interviews beginning the week of September 7, 2026. We look forward to meeting with you!

Do you enjoy working in a fast-paced environment? Do you enjoy helping members and collaborating with business partners? If you answered yes to these questions, you may have found the job you are looking for. Come join our CalPERS Team!

The Retirement Benefit Services Division (RBSD) provides benefits that exceed $1 billion. Services include eligibility and calculation of service and disability retirements, pre- and post-retirement survivor benefits, adjustments, and ongoing maintenance of weekly and monthly benefits.

Our RBSD – Internal Revenue Code 415b and Roll Processing Unit is currently seeking an Analyst II to perform complex analytical duties pertaining to the Replacement Benefit Plan, applying federal limits to benefits, annual billing and collection of monies due for the program, processing of our weekly and monthly benefit rolls, and drive our CalPERS Mission.

Telework Information

This position is eligible for an office-centered hybrid schedule with up to two days of telework and three days or more on-site, per week.

Sponsorship

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States without the need for visa sponsorship. CalPERS does not participate in E-Verify for employment authorization purposes.

Effective July 1, 2025, The California Department of Human Resources (CalHR) implemented the Personal Leave Program 2025 (PLP 2025). PLP 2025 directs that each employee shall receive a 3 percent reduction in pay in exchange for 5 hours PLP 2025 leave credits, monthly. The salary range(s) included in the job advertisement do not reflect the 3 percent reduction in pay.

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You will find additional information about the job in the Duty Statement.

Special Requirements

• Based on the duty statement, please describe in detail your experience, knowledge, skills and/or education that qualify you for this position.
• Describe your experience applying laws and regulations in order to determine eligibility and/or benefit payment amounts.
• Describe your experience handling difficult situations with customers. Describe your approach and how you resolve challenging issues.

Minimum Qualifications

All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. If you are using education to meet MQs, please include your transcripts with your application package. If you have a degree from outside of the United States, you must submit an evaluation of this degree to determine the US equivalency. If you need an evaluation, you can visit the National Association of Credential Evaluation Services (NACES) website to find organizations that provide these services. The Classification Specification is located on this Job Posting under "Minimum Requirements".

Please Note: You may need to pass an examination to establish list eligibility prior to a final offer of employment. To find and take an exam, visit CalHR’s CalCareers website.

Need help with your state application, resume, Statement of Qualifications, or interview preparation?

The CalPERS Career Services & Outreach team provides comprehensive support throughout the CalPERS hiring process. Our services include one-on-one online consultations for application assistance, Statement of Qualification review, and interview preparation. To schedule an appointment and receive personalized guidance from our team, please use the following booking link: CalPERS Career Services Consultations.