Retirement Reconciliation Specialist; Administrator

Overview

The Maryland State Retirement and Pension System (MSRPS) administers benefits for over 397,000 members, including active employees, retirees, and vested participants across 12 retirement systems—supporting the financial security of Maryland’s public servants.

Located in Baltimore’s Central Business District, MSRPS offers a purpose-driven workplace with modern amenities, including panoramic city and harbor views, renovated common areas, upgraded elevators, and an on-site café. Employees enjoy comprehensive state benefits including medical, dental, prescription coverage, generous paid leave, participation in the state pension system, and supplemental retirement savings options (401(k), 457(b), and more). Additional perks include an on-site fitness center with showers and lockers, 24/7 building security, and easy access to restaurants, shops, public transit, and major highways.

If you are seeking a career with impact, stability, and a supportive environment, explore opportunities with MSRPS.

This position requires that the incumbent work overtime (evening, weekends and holidays) if the volume of work dictates the necessity. Vacations may be limited or prohibited during the months of June and July to meet the deadlines. This position is designated as telework-eligible under the State of Maryland’s Telework Policy, after successfully completing the defined required training period.

Grade: 16

Location:

120 East Baltimore Street, Baltimore, Maryland 21202

This position serves as an Administrator in the operations of the reconciliation team in the Reconciliation & Replacement Team. The incumbent reports to the Reconciliation & Revision Team supervisor. The Reconciliation & Replacement Team handles reconciliation of retirement applications, retirement estimates, and retirement revisions updates. The team also completes reissuance of benefit payments, workers’ compensation cases related to accidental disability retirements, and processing of liens, levies, and court-ordered domestic relations orders.

This position requires critical thinking skills and the ability to use independent judgement in daily responsibilities. The incumbent should obtain and maintain an understanding of retirement law and the Code of Maryland Regulations as it applies to reconciliation of nightly updates, reissuance of benefit payments, workers’ compensation reviews, and processing of liens, levies, and domestic relations orders. The position is responsible for maintaining a solid knowledge level relating to retirement law, regulations, policies and procedures.

The incumbent uses independent judgement to apply agency policies and procedures and makes recommendations to the Team lead on procedural and process improvements to ensure the Agency meets its goals. The incumbent works with the lead worker to periodically review and suggest modifications to standard operating procedures, checklists, worksheets, and job aides as necessary. This position facilitates the nightly processing updates of retirement applications, retirement estimates, and retirement revision transactions by preparing and/or reviewing monetary reconciliations to identify discrepancies in posted data.

The incumbent also reviews incoming requests for liens, levies, and domestic relations orders based on internal policies and procedures, retirement law, and the Code of Maryland regulations. The incumbent may also be assigned workers’ compensation cases to determine if any workers’ compensation benefits require offset based on an award of accidental disability retirement. Finally, this position may also prepare/review unused sick leave recertifications to ensure the accuracy of sick leave credit.

• Reconciles reports of retirement applications processed to identify accounts not processed or processed incorrectly. This includes reconciliation of monetary values, reviewing of all posted data, utilizing worksheets to verify the calculation of the monthly retirement benefit, and all steps necessary for mailing of retirement acknowledgements and document imaging.
• Reconciles reports of retirement estimates processed to identify accounts…