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.

To find out more information please contact (url removed)
Recruitment is done in line with safe recruitment practices. We are an equal opportunity agency