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Pension Processor

Iron Workers Mid-America Pension Plan and SMA Fund
Lansing, IL Full Time
POSTED ON 6/18/2024 CLOSED ON 6/28/2024

What are the responsibilities and job description for the Pension Processor position at Iron Workers Mid-America Pension Plan and SMA Fund?

Job Description: Pension Processor

Reports to: Pension Manager

Position Summary

The Pension Plan and Supplemental Monthly Annuity Fund are both multi-employer benefit funds established over 50 years ago. We are responsible for administering the retirement benefits for many ironworkers in the Illinois, Indiana, Wisconsin and Iowa areas.

The Pension Processor is an entry level position in the Pension Department which, if you progress, can lead to a Senior Pension Processor. This job requires an ardent attention to detail and adherence to strict deadlines of crucial importance.

RESPONSIBILITIES

Calculate and process pension distributions for members.

Daily monitoring of “active” member files guiding them from the beginning to the end of the retirement process and ensuring that deadlines are met.

Meet with members when then they visit the Fund Office to discuss their retirement needs.

Customer phone service to answer numerous questions throughout the business day.

Calculate and process pension distributions for the spouses and beneficiaries of deceased members.

Calculate and process pension distributions for the ex-spouses of members that were awarded pension benefits due to a divorce.

Prepare and send written correspondence to members which accurately describes the appropriate plan provisions.

Work with plan attorney, consultant and auditor on various projects.

QUALIFICATIONS

High School diploma and some office work experience.

Professional and positive attitude with a customer service focused approach.

Good computer skills including proficiency with Microsoft Excel, Word and Outlook.

Able to work independently and within a team environment equally well.

SALARY

Competitive salary and time-off benefits as well as 100% employer paid participation in a defined benefit pension plan, a defined contribution plan and a health plan.

Job Type: Full-time

Pay: From $18.25 per hour

Expected hours: 40 per week

Benefits:

  • Dental insurance
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Retirement plan
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Ability to Commute:

  • Lansing, IL 60438 (Required)

Work Location: In person

Salary : $18

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