Organizational Unit

University of Victoria -> VP Finance and Operations -> Pension Office

Location

University of Victoria - Victoria, BC V8W 2Y2 CA (Primary)

Posting Close Date

26 August 2026

Please note that positions will close at 4 p.m. on the closing date.

FTE

1.0

Salary Grade

$76,643.00 - $99,674.00

Additional Posting Information

N/A

Salary posted will be pro-rated based on FTE and achieved as per the collective agreement, if applicable.

Classification

SG10

Employee Group:

PEA - Regular

# of Hires Needed

1

Category

Financial Services

*This position is eligible for a hybrid flex arrangement*

The salary range for this position is:

• Recruitment range: $76,643 to $84,502. Starting salary is determined in accordance with the PEA Collective Agreement.
• Performance range: Up to $99,674. Progression beyond the recruitment range is available through annual performance increases, in accordance with the PEA Collective Agreement.

Job Summary

Mandate:
Pension Services administers the pension benefits for members of the University of Victoria and oversees investment programs to support the Boards of Pension Trustees and various pension committees for the Combination Pension Plan; the Money Purchase Pension Plan; the Staff Pension Plan; and the Supplemental Benefit Arrangement (the "pension plans").
As a key member of Pension Services, the Pensions Entitlement Officer provides assistance to the Manager, Member Services in the planning, development, communication administration and implementation of pension services and programs for the University Community. The position provides individual consultation to plan members and their legal and financial counselors regarding projected and final pensions; calculate pension benefits, including commuted values, pension divisions on marital breakdown; amounts transferable under portability arrangements; and survivor benefits payable from the defined benefit, defined contribution and combination plans of the University. The position performs various reconciliations when required, including member contributions and payments, month-end transactions or financial or other related reconciliations. In addition, the Officer may develop and present annual retirement seminars and other communications regarding retirement planning.

Objectives:

• Administer pension benefits by determining and calculating retirement, termination, disability, death, survivor, and marital division entitlements in accordance with pension plan provisions and legislation.
• Ensure accuracy and compliance of pension calculations and payments through rigorous review, reconciliation, quality control processes while meeting statutory and regulatory requirements.
• Provide expert pension plan guidance and member support by interpreting plan documents, explaining benefit options, responding to inquiries, and conducting member consultations and retirement education sessions.
• Manage pension documentation and communications by preparing benefit statements, authorization forms, correspondence, and required records while ensuring completeness, legislative compliance, and service excellence.
• Support pension plan administration and continuous improvement through financial reporting, account reconciliation, regulatory reporting, research, process optimization, and collaboration with management on policy and operational initiatives.

Job Requirements

A bachelor's degree in business, economics or related field plus five years' related experience, preferably in a financial environment including several years of experience performing complex pension benefits calculations (preferably under both defined benefit and defined contribution pension plans).
An equivalent combination of education training and experience may be considered.

Knowledge, skills, and abilities

• strong analytical skills coupled with the ability to perform detailed calculations quickly and accurately and exercise judgment in non-routine cases;
• a good working knowledge of the Pension Benefits Standards Act (BC), relevant sections of the Income Tax Act (Canada), the Family Law Act (BC) and be able to exercise judgment and interpret the plan documents and governing legislation for complex cases;
• a solid understanding of the financial markets and other factors that impact pensions;
• the ability to communicate effectively writing and orally to both individuals and large groups who have varying levels of pension knowledge
• excellent computer skills in order to be able to work with a variety of applications including spreadsheets, word processing applications and databases
• the ability to manage and meet deadlines under a heavy workload while operating with a high degree of independence.

Territory Acknowledgement: We acknowledge and respect the Ləkʷəŋən (Songhees and Xʷsepsəm/Esquimalt) Peoples on whose territory the university stands, and the Ləkʷəŋən and WSÁNEĆ Peoples whose historical relationships with the land continue to this day.

What UVic Offers: To learn more click here

Additional Information

PENS-2026-JD-PensionEntitlementsOfficer-SG10