Pension Calculations Specialist

Phoenix, NM - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Job Description: Pension Calculations Specialist

Location: Phoenix AZ (Remote with occasional on-site requirements)
Agency: Arizona State Retirement System (AZASRS) Financial & Employer Services
Posting Title: Business Operations Financial & Employer Services Pension Calculations Specialist
Position Type: Staff Augmentation
Hours: 40 per week (Day Shift 8 AM 5 PM)
Projected Start Date: March 23 2026
Projected End Date: September 25 2026
Education Requirement: Some college preferred
Career Level: Experienced Non-manager

Position Overview

The Arizona State Retirement System (ASRS) is seeking an experienced Pension Calculations Specialist to support the Financial & Employer Services Division. This role is responsible for accurately calculating pension benefits and related payment adjustments for ASRS members.

The ideal candidate will have strong analytical skills experience working in structured compliance-driven environments and proficiency in financial calculations and data verification. This position is remote but requires the ability to come into the Phoenix office as needed.

Key Responsibilities Benefit Calculations

Perform complex pension retirement and survivor benefit calculations.
Process account adjustments and non-standard disbursement requests with precision.

Data Integrity & Compliance

Ensure accuracy of all member data used for benefit calculations.
Apply IRS regulations ASRS statutes and internal policies to all calculations and reporting.
Validate compliance in payouts and documentation.

Financial Analysis & Research

Investigate discrepancies in member accounts and employer-provided information.
Review and verify financial transactions and reporting system data.
Resolve escalated benefit-related issues using analytical reasoning.

Member & Employer Support

Communicate professionally with employers to verify records gather information and resolve issues.
Provide clear accurate responses to benefit-related inquiries.

System Management

Utilize various computer systems databases and manual processes to retrieve information calculate payouts and process exceptions.
Work with relational databases and spreadsheets to analyze data and prepare reports.

Required Skills & Qualifications

Analytical Skills: Strong mathematical reasoning and problem-solving abilities; capable of handling high-volume deadline-driven workloads.
Technical Proficiency:
- Advanced Excel skills (formulas pivot tables analysis tools)
- Experience working with relational databases
Attention to Detail: Ability to work within strict guidelines and maintain accuracy.
Communication: Excellent written and verbal communication for professional correspondence with employers and internal teams.
Compliance Awareness: Ability to learn and apply IRS rules state statutes and internal policies.

Preferred Qualifications

Experience working in a financial institution pension fund or banking environment.
Familiarity with automated disbursement systems and pension/benefits administration.

Additional Requirements

Local candidates only. Resumes must clearly state current location.
Must be available for in-person interviews within one week of posting close date.
Must be able to start within two weeks of receiving an offer.
Position is remote but requires occasional in-office presence.
Background check and drug screening performed through HireRight.
Security clearance required per state agency standards.

Job Description: Pension Calculations Specialist Location: Phoenix AZ (Remote with occasional on-site requirements) Agency: Arizona State Retirement System (AZASRS) Financial & Employer Services Posting Title: Business Operations Financial & Employer Services Pension Calculations Special...