Kansas State Employment Center
 

Job Description


Job Title:   Deferred Compensation Plan Off

County:   Shawnee

Req. No:   188332

Agency Name:   Ks Pblc Employees Retirmnt Sys

Posting Type:   External  --> Click here for Definition of Posting Type

Applications accepted through:    ,

Job Description:

We are looking for a Deferred Compensation Plan Officer to provide management and oversight of the KPERS 457 Deferred Compensation and the KPERS 401(a) plans. This is an executive level position serving on the KPERS Executive Team participating in all major decisions affecting the System. We offer competitive benefits and salary.  The salary range for this position is $69,490 to $100,760, commensurate with experience and qualifications.  Applications will be accepted until filled.

KPERS provides disability and death benefits to protect public employees while they are still working, and guarantees them a lifetime benefit when they retire. Our membership includes people from all walks of life in a variety of jobs with one thing in common – serving Kansans. The fiduciary standard is our guiding principle and driving force. That means we put the interest of our members first and foremost and are committed to providing them the best possible service.

Duties of the Position
Managers and oversees activities, processes, policies and procedures for the State of Kansas Deferred Compensation Plan (KPERS 457) and the Kansas Supplemental Defined Contribution Plan (KPERS 401(a)). Assures plans are administered in accordance with plan documents and in compliance with applicable legal and regulatory requirements.

Responsible for strategic planning of all phases of the KPERS 457 and 401(a) plans, with a focus on improving retirement readiness for all eligible employees and coordination of the plans with KPERS’ pension benefits, as well as fulfilling KPERS’ fiduciary role, ensuring IRS compliance, and related operational, policy and business decisions that affect the Plans. 

Develops and prepares agenda for Deferred Compensation Committee and KPERS Board meetings, develops materials and/or oversees and coordinates preparation of materials by consultant and service provider. Presents and reports to the Committee and to the Board of Trustees.

Works with the System’s General Counsel in regularly reviewing and drafting amendments to plan documents, trust agreements, and other Plan related legal documents.
Collaborates with consultant regarding recommended updates and amendments to investment policy statement and investment menu structure; review and monitoring of investment performance; and selection and replacement of funds in accordance with investment policy statement guidelines.

Monitors KPERS 457 and 401(a) administrative fee revenues and unallocated plan asset account assets, and in consultation with the Executive Director and Chief Fiscal Officer, recommends adjustments as needed.

Oversees, evaluates and monitors the performance of the plan record keeper and consultants to ensure compliance with KPERS 457 and KPERS 401(a) plan provisions, contracts and fee arrangements. Responsible for the development of requests for proposal and contract negotiations with current/new vendors. 

Coordinates scheduling of audits and ensuring prompt, accurate responses to auditor requests and implementing responses and corrective/preventive actions.

Works with Communications to develop and analyzes data to identify communication/education needs consistent with strategic plan goals and an annual communication plan to achieve those goals.

Develops and implements strategies for assessing employee and employer satisfaction and providing opportunities for feedback to evaluate the effectiveness or future areas for improvement. 

Develops strategies to enhance the understanding of public employers and employees of KPERS’ role in administering the plans and the manner in which they complement KPERS’ pension benefits.

Responsible for monitoring, evaluating, resolving and responding to complaints from employers and participants. Performs other duties and special projects as assigned in order to meet the objectives of KPERS. For a complete position description email kpersrecruitment@kpers.org.

Education Required
Bachelor’s degree in business, public or benefits administration from a four-year college. Master’s degree in one of these areas is preferred. Experience may be substituted for education as determined relevant by the agency.

Experience Required
Five years of experience in planning, organizing and directing the work of a department, program or agency, preferably in a retirement income and planning or personal financial planning setting. Education may be substituted for experience as determined relevant by the agency.

Skills and Abilities

To Apply:
Applications will be accepted until the position is filled. All of the following steps must be completed.

Kansas Tax Clearance Certificate:
Each applicant applying for a State of Kansas job vacancy must obtain a State Tax Clearance Certificate by accessing the Kansas Department of Revenue’s website at http://www.ksrevenue.org/taxclearance.html. A Tax Clearance is a comprehensive tax account review to determine and ensure that an individual’s account is compliant with all primary Kansas Tax Laws. Applicants are responsible for submitting their certificate with all other application materials to the hiring agency. This is in accordance with Executive Order 2004-03. To begin the process of obtaining your Tax Clearance Certificate, click here.

KPERS is an ADA/EEO employer.  KPERS is not hiring individuals for this position who require sponsorship for employment visa status.



Find out more about us at our web site


Class/Uncl Full/Part Time: Grade: Hiring Rate: Pay Frequency:
U F 001 $0.00 Biweekly


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