03 Oct
|
Government of Prince Edward Island
|
Charlottetown
03 Oct
Government of Prince Edward Island
Charlottetown
The Department of Finance and Affordability is committed to Equity, Diversity, Inclusion and Accessibility. Our goal is to build a public sector workforce that reflects the diverse communities we serve and to promote welcoming, diverse, inclusive, respectful workplaces that are accessible to all. We welcome all interested individuals including Indigenous People, persons with disabilities, Black, racialized, ethnic and culturally diverse groups, as well as people regardless of their sexual orientation, gender identities, and gender expressions. Those looking for more information are invited to visit our Equity, Diversity, and Inclusion Policy. The Department of Finance and Affordability is seeking a Pension Benefit Specialist to join the Pensions &
Benefits Section within the Pensions & Capital Management Division. This team provides day‑to‑day pension administration services to more than 20,000 members across multiple registered and non‑registered pension plans sponsored by the Province of Prince Edward Island. Reporting to the Team Lead, Pension Administration Services & Communication, this position provides pension counselling by explaining benefits clearly, guiding members on options, applying pension rules to individual situations, answering questions during life events, and managing sensitive personal and financial information with professionalism and confidentiality.
The Pension Benefit
Specialist will also support the Operations Unit by providing a continuity of service in the absence of the Team Lead, Pension Administration Services & Communication, as required. Guide members on how career changes, retirement timing, and personal events affect pension benefits, cash flow,
and long‑term financial outcomes. reductions, bridge perks, CPP integration) in alignment with legislation, policies, and agreements. Generate accurate estimates, validate underlying data, and respond to inquiries or disputes with clarity and professionalism.
Ensure certain pension calculations, data, and documentation are complete, accurate, and compliant with regulatory and tax requirements. Review member records for retirements, terminations, and transfers, resolve discrepancies, and provide guidance to junior staff. Prepare specialized calculations such as service transfers, spousal divisions, and tax adjustments (PA/PSPA/PAR), ensuring strong documentation and audit readiness.
An undergraduate degree in a related area.
Pension Plan Administration
Certificate (PPAC), Certified Employee Benefit Specialist Certificate (CEBS), Retirement Plans Associate (RPA), or willing to obtain a designation within 4 years. Demonstrated working knowledge of various retirement income sources. Considerable experience using Microsoft Office applications (specifically Excel, Word and Outlook).
Experience in leadership/management would be an asset.
Experience in defined-benefit pension administration would be an asset.
Experience in change management would be an asset.
Experience working with customized software systems (e.g. Peoplesoft, Ariel, etc.) would be an asset. 4 weeks paid vacation annually, as per the Terms and Conditions for Excluded Employees ~ Up to $2,500 annual training funds ~ Employee assistance program ~ Employer-paid health and dental benefits ~ Pension Plan The Public Service is inspired to make a positive impact and proud to shape the future of our Island Community. #
📌 Pension Benefit Specialist (Charlottetown)
🏢 Government of Prince Edward Island
📍 Charlottetown