Individual Occupational Requirements for
GS-958: Pension Law Specialist Series
The text below is extracted verbatim from
Section IV-B of the Operating Manual for Qualification Standards
for General Schedule Positions (p.IV-B-146), but contains minor edits
to conform to web-page requirements.
Use these individual occupational requirements in conjunction with
the "Group Coverage Qualification Standard for
Administrative and Management Positions."
EDUCATION
Major study in one or a
combination of the following fields-- finance, banking, business administration, economics,
mathematics, accounting or auditing, pension plan administration, law, industrial relations,
public administration, or other related fields.
OR
EXPERIENCE
Experience in the analysis,
interpretation, or application of Federal laws, regulations, or policies; or work that
provided a knowledge of the functions of the position to be filled. Such experience must have
demonstrated the ability to:
- Analyze written and numerical data, draw conclusions, and make recommendations;
- Apply legal provisions, regulations, and general principles to specific situations;
and
- Prepare clear and concise written reports, and communicate effectively orally.
Progressively
responsible experience that demonstrated the ability to perform work in the field of pension
and welfare plans. Such experience may have been gained in (1) management, administration,
development, analysis, audit, financial management, or tterminationof such plans or their
funds; or (2) in closely related work such as taxation, securities, and investments.
Specialized experience may have been gained in government, a welfare and pension plan administration
or consulting firm, law firm, actuarial or accounting firm, labor union, welfare and pension association
or research service, banking trust department, or investment firm. Examples of qualifying specialized
experience include:
- Analysis and application of fiduciary, reporting and disclosure, bonding, funding,
vesting, administration, and termination provisions of the Employee Retirement Income
Security Act (ERISA) and related laws, regulations, court decisions, and precedent
rulings.
- Development of proposals for new or revised pension or welfare plans, petitions for
exemptions, or requests for rulings under governing law.
- Legal work, a substantial portion of which required interpretation of Federal laws
and legal requirements concerning welfare and pension plans, or in such related
fields as taxation, securities, real estate, corporations, trusts, bankruptcy, and
investments.
- Auditing or accounting work that involved determining compliance with Federal and
State laws governing welfare and pension plans, securities, banking, insurance, or
corporations.
- Analysis of Federal laws or regulations, development of policy, and drafting of
proposed changes in an employee welfare and benefit plan or a related function.
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