RETIREMENT PLANS SPECIALIST | |
Job ID | 49160-3163 |
Company | McMaster University |
Location | Hamilton |
Province | ON |
Date Posted | 2022-09-21 |
Job Type | Full-time |
Job Category | Education |
Description | |
Retirement Plans Specialist McMaster University is ranked among the top 80 universities globally and is recognized as Canada’s Most Research Intense University. We serve our community and society by nurturing and supporting the fulfillment of human potential: inspiring creativity and critical thinking, promoting an enduring love of learning and the habit of inquiry, and undertaking innovative research that extends the boundaries and enhances the efficacy of knowledge. We are focused on advancing human and societal health and well-being, working across disciplines to find creative solutions to complex problems, helping to improve people’s lives and build a brighter future for all. As a result, we are consistently recognized as one of the top employers in the Hamilton/Niagara region and have been recognized as one of Canada’s Top Diversity employers in each of 2019, 2020 and 2021. About Human Resources As value-added service partners, we cultivate human potential and champion an inclusive culture by: Enabling University strategy; Collaborating with our community; Delivering service excellence; and Empowering learning & growth. McMaster University is multi-faceted with multiple locations and constituencies. As a result, Human Resources support and services at McMaster have developed over time to meet a spectrum of stakeholder needs. The Human Resources Services team consists of functional units such as HR Operations (Payroll and Data Management, HR Client Services, HR Systems Strategy, Reporting and Analytics); Talent, Equity & Development; Employee & Labour Relations; Compensation, Benefits and Retirement Programs; Health, Safety & Risk Management who enable the delivery of comprehensive Human Resources programs and services in collaboration with leaders, HR area offices and HR practitioners across our community.
About Compensation, Benefits & Retirement Programs Unit The Compensation, Benefits and Retirement Programs Unit is responsible for planning, designing, analyzing, and developing strategy related to McMaster University’s total rewards programs, the components of which include, but are not limited to: compensation, job evaluation, pay equity, defined benefit pension plans, group RRSPs, extended health and dental plans for active and retired employee groups, long-term disability plans, accidental death and dismemberment, early retirement programs, benefits and pension programs for affiliated employers.
About the Position Reporting to the Manager, Retirement Plans, the Retirement Plans Specialist is a subject matter expert on McMaster University’s defined benefit pension plans and Group RRSP. The Retirement Plans Specialist provides pension administration services and helps promote members’ understanding of the retirement plan programs through responding to daily inquiries. The Retirement Plan Specialist also provides retiring employees with information about post-retirement benefit eligibility and provisions.
Core Areas of Accountability Pension Administration
Member Services and Communications
Retirement Plan Programs Operation and Support
Are you the right candidate? This role requires a Compensation Professional with at least 3 years of progressive experience in defined benefit pension plan administration, preferably in a large, unionized environment. The successful candidate will have extensive knowledge and understanding of retirement programs, defined benefit pension plan administration & relevant legislation including the Ontario Pension Benefit Act, Income Tax Act and Employment Standards Act. Additionally, the successful incumbent will have a proven track record of superior analytical, research and problem-solving skills with attention to detail.
Other qualifications
For more information, visit McMaster University for RETIREMENT PLANS SPECIALIST |