Pension Assistant II

Title: Pension Assistant II

Key Responsibilities

• Process pension benefit calculations in accordance with plan rules, regulations, and merger agreements.
• Recalculate pension benefits as needed due to additional service credit updates.
• Manage pension application denials and ensure compliance with regulatory requirements.
• Interpret and apply ERISA, DOL, and IRS regulations related to pension benefits.
• Research and resolve pension-related discrepancies in coordination with compliance teams.
• Handle inquiries and resolve issues for participants, beneficiaries, trustees, and employers.
• Prepare reports for trustee meetings and assist with software implementation.
• Monitor and maintain pension benefit application data.
• Provide administrative support for special projects as assigned by leadership.
• Assist with clerical functions as needed to support fund operations.

Qualifications

Education & Experience:

• Associate’s degree with coursework in business administration, advanced math, or a related field, plus 2+ years of experience in pension administration.
• OR High school diploma/GED, 1 year of college coursework, and 3+ years of pension administration experience.
• Equivalent combinations of education and experience will be considered.

Skills & Abilities:

• Strong understanding of ERISA, DOL, and IRS pension regulations.
• Ability to interpret and apply complex pension plan language and merger agreements.
• High level of accuracy in performing pension benefit calculations.
• Effective written and verbal communication skills.
• Strong analytical and critical thinking skills.
• Ability to maintain confidentiality and handle sensitive information professionally.
• Proficiency in Microsoft Office Suite (Excel and Word at an intermediate level).
• Experience with accounting, database, or pension fund software is a plus.
• Ability to handle multiple projects in a deadline-driven environment.