Retirement Specialist / Sr Retirement Specialist, Grade N23/Grade N26

Montgomery County, MD

• $89K — $144K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration, public administration, accounting, economics, finance, or related field.
  • 3-5 years of experience in public pension plan administration.
  • Experience with eligibility determination and benefit calculation.
  • Familiarity with defined benefit and defined contribution plans.
  • Proficiency in software applications like Oracle, PeopleSoft, and Microsoft Office.

Responsibilities

  • Administer day-to-day operations of the County's retirement plans.
  • Prepare and review pension calculations and disability payments.
  • Analyze complex financial issues and prepare reports.
  • Provide guidance to retirees on pension payment activities.
  • Develop and recommend new business processes for efficiency.

Benefits

  • Generous leave package including 15 days of sick leave and 15 days of annual leave in the first year.
  • Robust retirement plans with contributions up to 12% of annual salary.
  • Tuition assistance up to $2,130 annually and eligibility for student loan forgiveness.
  • Free mass transit benefit for County employees.
  • Comprehensive wellness program to support overall well-being.
Full Job Description
Salary : $89,721.00 - $144,272.00 Annually
Location : 101 Monroe St Rockville MD 20850 USA
Job Type: Permanent
Job Number:
Department: Department of Finance
Division: FIN 32 Retirement Member Svcs
Opening Date: 10/01/2026
Closing Date: 10/15/2026 11:59 PM Eastern
FLSA: Exempt

About the Position
Please note: The salary range above represents this position's earning potential. The anticipated hiring range for this position will be based on the candidate's qualifications and experience:

Retirement Specialist/Analyst, Grade N23 $78,929 - $109,912
Senior Retirement Specialist/Analyst, Grade N26 $89,721 - $116,996

What You'll Be Doing
This position is responsible for the day-to-day administration of the County's various retirement plans, as described below.

Employees' Retirement System (ERS) and Long-Term Disability (LTD)
  • Read and interpret retirement plan documents with a basic understanding of related rules and regulations.
  • Prepare pension calculations and review monthly pension and disability payments processing.
  • Review Qualified Domestic Relation Orders (QDROs) according to County guidelines.
  • Maintain and update member information in database. Work with the ERP Implementation Team to ensure payment data integrity and systems security of retiree pension payments in the PeopleSoft module.
  • Develop business processes.

Retirement Savings Plan (RSP) and Guaranteed Retirement Income Plan (GRIP)
  • Review participation by County employees in these plans to determine eligibility and processing of refunds.
  • Read and interpret retirement plan documents with a basic understanding of related rules and regulations.
  • Review of distribution forms.

All Retirement Plans
  • Analyze and research complex financial issues and prepare written/oral reports addressing issues related to payments and benefits from the County's retirement plans.
  • Provide guidance and assistance to County retirees on matters pertaining to pension payment activities.
  • Recommend new approaches and draft procedures to enhance the efficiency of the processing of retirement plan activities.

This position may be underfilled as a Retirement Specialist (Analyst), Grade N23. Once the employee is at full performance and meets the minimum requirements of the Proficiency Advancement process, they are eligible for a non-competitive promotion to the Senior Retirement Specialist (Analyst) level, Grade N26.

Minimum Qualifications
Experience: If filled at the Senior Retirement Specialist (Analyst), Grade N26 Level: Considerable (5 years) professional experience in the day-to-day administration of public pension plans, which included determination of eligibility, calculation of benefits, counsel of employees and retirees, coordination with service providers and application of a large number of eligibility and benefit variables across multiple plans, altogether vis-à-vis defined benefit plans and defined contribution plans.

Experience: If filled at the Retirement Specialist (Analyst), Grade N23 Level: Three (3) years of professional experience in the day-to-day administration of public pension plans, which included determination of eligibility, calculation of benefits, coordination with service providers and application of a large number of eligibility and benefit variables across multiple plans, altogether vis-à-vis defined benefit plans and defined contribution plans.

Education: Bachelor's degree from an accredited college or university in business administration, public administration, accounting, economics, finance or another field that provided strong foundation in the area(s) of assignment.

Equivalency: An equivalent combination of education and experience may be substituted.

Preferred Criteria, Interview Preferences
All applicants will be reviewed by OHR for minimum qualifications. Those applicants who meet minimum qualifications will be rated Qualified, placed on the Eligible List, and may be considered for an interview.

Preference for interviews will be given to applicants with experience in the following:
  • Experience with managing programs and projects.
  • Experience with researching and identifying relevant sources of information and synthesizing and analyzingdata of various complexity and importance.
  • Experience with retirement benefits, including defined benefit and defined contribution retirement plans.
  • Experience with computer applications/software such as Oracle, PeopleSoft, and the Microsoft Office Suite, including Excel, Word, and Access, to maintain databases and perform complex financial analysis.
  • Experience with HRIS/pension systems & its functionalities in managing, reporting, improving retirement processes & services.
  • Strong oral and written communication skills.


IMPORTANT INFORMATION

The Office of Human Resources (OHR) reviews the minimum qualifications of all applicants, irrespective of whether the candidate has previously been found to have met the minimum requirements for the job or been temporarily promoted to the same position. This evaluation is based solely on the information contained in the application/resume submitted for this specific position.

Leave Benefits

Our generous leave package starts with non-MLS permanent and term employees earning 15 days of sick leave and 15 days of annual leave in their first year, as well as up to three additional personal days each calendar year. Positions in MLS earn 35 days of paid time off each year. In addition, we offer all employees 10 paid holidays. Our leave policies adhere to the Family Medical Leave Act of 1993, and we provide six weeks of paid parental leave for new parents.

Retirement Benefits

All permanent and term positions are eligible for robust retirement plans. Public safety positions are eligible for a defined benefit pension plan in which they are vested after only five years. Employees in non-public safety positions can participate in retirement plans that contribute up to 12 percent of their annual salary. All employees can also participate in a supplemental retirement plan, the 457 Deferred Compensation Plan, to contribute even more to their retirement goals.

Tuition Assistance & Student Loan Forgiveness

Montgomery County employees are eligible to participate in the Federal Public Service Loan Forgiveness Program. Participants who meet all requirements may qualify for forgiveness on the remaining balance on their Direct Loans after making 120 qualifying monthly payments under a qualifying repayment plan while working full-time in a qualifying public service position. To learn more about PSLF, please visit the Student Loan Repayment Benefits page. Our tuition assistance program allows you to receive up to $2,130 annually in tuition assistance to help you achieve a degree that supports your career path.

Free Mass Transit Benefit

County employees are entitled to use the RideOn Bus service for free with a valid County-employee ID. This benefit can be used any time of the day or evening, including weekends. We also offer a pre-tax flexible spending account to reduce the cost of other mass-transit options such as MARC trains and Metro.

Reduced Child and Health Care Costs

Working for Montgomery County also entitles permanent and term employees to participate in healthcare and childcare Flexible Spending Accounts. These plans allow eligible employees to save on a pretax basis for healthcare and dependent care costs incurred during the plan year.

Employee Wellbeing

We deeply care about your holistic wellness. Our award-winning wellness program, LiveWell, will support you in improving and maintaining your physical, mental, financial, social, and intellectual well-being.

Learn more about our wonderful benefits available to you once you join our team. Montgomery County Benefits
01

What is your highest level of completed education?
  • N/A
  • High School/GED
  • Associate's Degree
  • Bachelor's Degree
  • Master's Degree
  • Juris Doctor
  • Doctorate

02

If

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