Job Description
Pension Administrator
6 months Contract
Background to assignment
The LGPS Pension Scheme changed to a Career Average scheme in April 2014 and we have identified a potential issue with our payroll software reporting pensionable pay correctly for specific scenarios surrounding various absences from work. As a result, we require someone, preferably with knowledge of the Local Government Pension Scheme (LGPS), to review pensionable pay that has been reported to our pension scheme administrator since April 2014.
The work we need the person to do is very specific. We have already identified the records that need to be reviewed and created a spreadsheet to complete. We have also created a template to complete for individual calculations. We need someone to review payslips for individuals or relevant complete years where Assumed Pensionable Pay is applicable, complete the individual calculation templates to calculate the difference between what pensionable pay we have reported and what we should have reported, and then transfer these figures onto the main spreadsheet.
We will create a checklist of what to check for various scenarios on payslips and provide training on the Assumed Pensionable Pay rules for the LGPS scheme
The skills required are:
- Knowledge of the LGPS pension scheme (particularly regarding absences) would be beneficial
- Experience of using ITrent payroll software would be beneficial
- Ability to create formulas in Excel and good general Excel skills
- Understanding of payroll to be able to interrogate payslips
- Ability to problem solve
- Ability to work methodically paying attention to detail