Braxfield Recruitment are a specialist recruitment agency working within the social housing sector. We have been appointed by a local authority based in West London who are looking to recruit an experienced Public Sector Pensions Advisor on an interim contract.

The successful candidate will support the Pensions Manager in the day to day operation of the Retained Pension Client Service, which includes monitoring the pension administrator’s performance against set criteria.

You will undertake a range of administrative duties in relation to the pension client function, including the provision and checking of information to support the accurate maintenance of scheme member records, and to monitor and assist employers in fulfilling their obligations to the pension fund.

Other duties as a Pensions Adviser will include:

• Developing and maintaining a sound knowledge of the Local Government Pension Scheme (LGPS) Regulations, Teachers Pension Scheme (TPS), Discretionary Payments Regulations, the State Pension Scheme, and HM Revenue & Customs (HMRC) and The Pensions Regulator requirements in respect of pensions.
• Assisting the Pensions Manager in maintaining statistical data to monitor the performance of the pension administrator, which includes records of payments to and from the Pensions Fund and the accuracy of LGPS deductions from scheme members’ pay as calculated by employers.
• Liaising with scheme employers to ensure that they meet their responsibilities in respect of the accurate and timely provision of all necessary pension information to the administering authority.
• Calculating and checking that pensionable remuneration has been correctly determined for deferred retirement benefits, actual retirement benefits, interfund adjustments and any other transfer values or benefits.
• Preparing payment vouchers for authorisation of retirement grants, contribution refunds, transfers, and death grants to generate timely payments.
• Advising the pensions administrator of pay to be used in the calculation of child related absence, sickness, strike and leave of absence, and to perform / check any calculations as required.

To be considered for the position of Pensions Adviser you must have the following experience:

• Current working knowledge of the LGPS and the calculation of scheme member benefits.
• Good understanding of the obligations of employers and the Administering Authority in the management of the Local Government Pension Scheme.
• Knowledge of the different LGPS schemes (pre-2008, 2008 and 2014) and how they affect the calculation of scheme member benefits.
• Ability to accurately calculate statutory and contractual redundancy pay.
• Ability to accurately calculate all types of pensionable pay based on payroll records and supporting information submitted by employers.
• Knowledge of the calculation methods for pensionable CARE pay, whole-time equivalent pensionable pay, and pensionable pay for the purposes of the HMRC Annual Allowance calculation.
• Passes in GCE/GCSE level (or equivalent) in Maths and English.
• Ideally the successful candidate will be a member of the PMI or IPPM.

Job title:              Pensions Adviser

Pay rate:              £19.00 PAYE / £23.56 LTD (inside IR35)

Contract:             4 months +

Start:                     ASAP

Location:             Working from home

If this sounds like something you may be interested in and for more information, please submit a copy of your updated CV and one of our consultants will be in touch.