Pension Director

3 weeks ago


Baltimore, United States Government Jobs Full time

Pension DirectorThe Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) invites you to apply for a key leadership opportunity that plays a critical role in ensuring the fiscal responsibility, compliance, and long-term sustainability of MDOT MTA's pension operations. We are seeking a dynamic and experienced professional to serve as Pension Director within our Finance Department.The Pension Director reports to the Deputy Chief Financial Officer (Deputy CFO) and is responsible for overseeing and directing the administration of the MDOT MTA Union Pension Plan. The Pension Director provides strategic leadership and operational oversight for a defined benefit pension plan covering approximately 3,000 active union employees and over 2,000 retirees receiving monthly benefits. The Pension Director manages the end-to-end pension administration process, ensuring compliance with all applicable federal, state, and collective bargaining requirements. This position serves as the agency's subject matter expert on pension matters, providing guidance to internal staff, retirees, and union members, while also representing MDOT MTA in external forums, including the Pension Board and intergovernmental meetings. The Pension Director works in close collaboration with Payroll, Human Resources, Accounting, Benefits, IT, and external partners, including actuaries and auditors, to ensure accurate and timely pension operations.This position is also responsible for leading initiatives to enhance pension administration processes, including system upgrades, quarterly pension reconciliations, ADP testing and validation, data integration with SYSK and HRIS platforms, and the development of standard operating procedures (SOPs). The Pension Director oversees the preparation of reports, analysis of pension data, and delivery of information to senior leadership to support decision-making and long-term plan sustainability.


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