Pension Officer Technical
Wirral MBC
£17.01ph
Job Description
* Determine entitlement and calculate member benefits, divorce/pension sharing orders, and transfer payments.
* Process pension options in line with HMRC tax legislation, including annual pension increase reviews and pension adjustments.
* Respond to complex technical queries relating to pension policy while meeting service performance targets.
* Calculate dependant benefits and death gratuities.
* Investigate and recover overpayments where appropriate, including requests for write-offs based on individual circumstances.
* Assess eligibility for pension commutation under LGPS de minimis and HMRC limits, including applicable taxation.
* Administer AVC (Additional Voluntary Contributions), APC (Additional Pension Contributions), ARC, and Added Years contracts.
* Process AVC conversions at retirement into service credits, annuities, and/or tax-free cash.
Financial and Employer Liaison
* Produce recharge accounts for employers relating to early retirement strain costs and compensatory added years.
* Liaise with Sundry Debtors and managers regarding invoice write-offs and payment holds.
* Maintain accurate pension account data and follow up outstanding employer documentation.
Recruitment is done in line with safe recruitment practices. We are an equal opportunity agency
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