Actuary (Employee Plans) - 12 Month Register

Job Title

The following duties are associated with the position:

The following are the duties of this position at the full working level. If this vacancy includes more than one grade and you are selected at a lower grade level, you will have the opportunity to learn to perform these duties and receive training to help you grow in this position.

• Analyze unusually difficult and extremely complex problems regarding tax liability under the Internal Revenue Code involving the valuation of complex life estates and remainder interests to determine estate, gift, and income tax liability or involving qualification for tax exemption of pension, annuity, profit sharing and stock bonus plans and trust; and the deduction from income tax of employer contributions under such plans.
• Analyze difficult and complex matters related to issues and requests for rulings pertaining to the requirements under the Employee Retirement Income Security Act of 1974 (ERISA), such as minimum funding standards, plan mergers and changes of actuarial funding methods.
• Prepare actuarial determinations for the use of various TE/GE employees, other business unit employees, taxpayers and their representatives, Department of Justice, Chief Counsel, and the Department of Treasury on matters involving important questions of interpretation or complex actuarial problems.
• Assist in the development of the actuarial tables published by the Service in administering the estate and gift tax, pension, and income tax provisions of the Code. Develop new techniques, formulas, and procedures for the solution of complex actuarial problems.
• Conduct or participate in conferences with taxpayers, their representatives and professional consultants in connection with rulings or technical advice.