Benefits & Retirement Specialist at YRCI in Washington, Washington DC

Job Description:

YRCI


Job Title: Benefits & Retirement Specialist

Location: Washington, DC, US

Requisition Number: 5392







Job Description: . The individual will provide a Human Resources Retirement & Benefits Specialist part time and shall be available during Library standard business hours. Assist Federal staff in providing orientation and counseling on the Federal benefits and retirement programs such as: Federal Employees' Retirement System (FERS), FERS-Revised Annuity Employees (FERSRAE), FERS-Further Revised Annuity Employee (FERS-FRAE), Civil Service Retirement System (CSRS), Civil Service Retirement System-Offset (CS-Offset), the Federal Employees' Group Life Insurance Program (FEGLI), Federal Employees' Health Benefits Program (FEHB), Federal Dental and Vision Insurance Program (FEDVIP), Federal Flexible Spending Accounts (FSAFEDS), Federal Long Term Care Insurance Program (FLTCIP), the Thrift Savings Plan, and Social Security, and Beneficiary. Support Federal staff to provide guidance to employees returning to and/or transferring to the Federal Government who are eligible for coverage under either FERS, FERS-RAE, FERS-FRAE, or CS-Offset, as to the provisions of each retirement system and the advantage or disadvantage in their specific situation. Assist in providing counseling to employees who are potentially leaving Federal service on the retirement and benefits implication and options with regard to particularly sensitive of complex benefits and retirement issues. Calculate annuity estimates for employees to use as a basis in making the decision whether to retire. Assist in reviewing retirement applications and reviewing retirement applications forms for completion. Help interpret existing policies and procedures in response to inquiries from employees throughout a Federal agency and prepares appropriate correspondence consistent with applicable regulations, policies and procedures. Assist in counseling retired military employees when it may be advisable to waive their military pension to permit the military time to be credited for civilian civil service annuity purposes. Support in the counseling of families and beneficiaries of deceased employees concerning benefits payable and provides expert technical information and/or assistance in the completion of the required forms. Support in interpreting and assisting in providing counseling on the complex Civil Service Retirement Spouse Equity Act (P.L. 98-615) which permits, with a qualifying court order, the awarding of a FERS-RAE, FERS, CSRS or CSRS-Offset survivor annuity to the former spouse of a Federal employee or retiree. Support in providing detailed information to employees regarding the manner in which military service is credited for Federal retirement purposes, computes and advises veterans of the amount of necessary deposit for post-56 military service (based on military pay received), and informs employees of the options available for making military service deposits. Support in performing a variety of complex computations to advise employees and survivors on retirement, disability retirement, deposits and redeposit, and social security offsets. Support in monitoring processed retirement cases through the Retirement Processing System (RETM) of the National Finance Center (NFC) to assure compliance with timeframes of the Office of Personnel Management (OPM) for case processing and coordinates with NFC and/or OPM to resolve problems.

PI250400161

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