GENERAL STATEMENT OF DUTIES: Performs highly responsible tasks in the administration of the Genesee County Employees’ Retirement Plans including defined benefit pension plan (GCERS), retiree health care trust (VEBA), defined contribution plan (DC), and deferred compensation plan; works under the supervision of the Controller. STATEMENT OF TASKS: Provides orientation to new employees concerning retirement options; Answers questions and counsels employees regarding retirement options; Administers provisions of the Retirement Ordinance as it relates to Union Contracts and general County policy; Processes and implements ordinance changes affecting the retirement plans; Maintains and updates retirement system records; Directs preparation of the retirees defined benefit payroll; Directs preparation of defined benefit refunds; Directs and assists in the preparation of information necessary for estimates, final computations, etc. for defined benefit pensions and VEBA in conjunction with the Retirement System’s and the VEBA’s actuary, including disability retirements and coordination of other related disability benefits; Prepares and maintains reports as necessary, including annual GCERS financial report; Monitors deferred pensions; Supervises and trains staff; Reviews and provides legislative updates; Prepares retirement newsletter; Schedules, prepares agenda for and attends GCERS and VEBA meetings; Administers Retirement Commission elections; Acts as liaison with outside consultants including investment advisor, auditor, actuary and legal counsel; Participates in the collective bargaining process when required; Serves as liaison with deferred compensation plan representatives, monitors quarterly investment performance and advises the Controller regarding the periodic removal and/or addition of various investment options; Serves as liaison with ICMA (defined contribution) representatives, monitors quarterly investment performance and advises the Controller regarding the periodic removal and/or addition of various investment options. |