The purpose of this position is to analyze / coordinate / administer duties for the Defined Benefit Plan, including monthly reconciliation of retirement payments, interpreting plan provisions, ensuring accuracy of retirement forms and other related
paperwork, ensuring timeliness of requests for estimates, retirement payments, and terminated vested letters. The candidate should have a comprehension of plan documents and processing retirement forms and maintaining related files and
Duties include but are not limited to:
Responds to inquiries and questions regarding employee benefits coverage and provisions of the retirement fund.
Reviews and audits retirement plan applications and related forms to
determine benefit eligibility; creates participant files and obtains necessary records and documentation from employers.
Calculates benefits and lump sum distributions for employees, retirees, and their dependents.
Consults occasionally with internal and external contacts regarding the retirement plans.
Reviews correspondence regarding plan provisions, retirement options, and other matters to plan participants and other external contacts.
Processes retirement applications, and other forms and correspondence.
Prepares forms, information reports and other documents to member cities and plan participants.
Prepares the Monthly Reconciliation of retirement payments for the
Bachelors degree in business administration or related field or any equivalent combination of education, training and experience. Would prefer to have someone with at least five years of
experience involving Defined benefits administration or a related field; or any equivalent combination of education, training and experience which provides the requisite knowledge, skills and abilities for this job.