Pension & Benefits Specialist

at  ALSTOM

Req ID:460632
Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Our product portfolio ranges from high-speed trains, metros, monorail, and trams to integrated systems, customised services, infrastructure, signalling and digital mobility solutions. Joining us means joining a caring, responsible, and innovative company where more than 70,000 people lead the way to greener and smarter mobility, worldwide

ACCOUNTABILITIES:

• Support the Pension and Benefit (TR – P&B) manager with the ongoing design, enhancement, and implementation of pension plans and benefits.
• Act as an expert related to employee benefits and pension plans by providing answers to questions from HR Directors, HR Business Partners, employees, retirees and unions on plan provisions and resolve escalated issues
• Lead the year-end retirement (pension) processes which will include the following:
• Review and validation of taxable benefits files and pensionable earnings for Defined Benefit Plans; and
• Coordination with the pension plan administrators to provide all required data elements to complete Pension Adjustment calculations in a timely manner.
• Completing required governmental filings (Annual Information Returns)
• Liaise with third parties involved for the governance of the pension plans committees
• Analyze costs/savings in business decisions during collective bargaining agreement negotiations, reorganizations, sales & acquisitions, etc
• Assist with the financial management of the benefit plans by preparing budget and forecast reports for management
• Ensure integrity of the databases with our various administrators and collaborate with the various stakeholders to ensure the accuracy of the information (Payroll vendor, HR system, etc.)
• Draft communications for HR, management, and employees regarding retirement programs, leveraging email.
• Assist Total Rewards Manager with project management, through effective organization, documentation, tracking progress, managing deadlines and prioritization of tasks.
• Monitor disability and enhance the management disability dashboard
• Participate on total compensation projects for our Canadian employees, primarily with respect to the annual benchmarking and compensation processes.

Please refer the Job description for details