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SEIU Benefit Funds

SEIU Benefit Funds
 

Pension Assistant II
Grade: TS – 5

Based in Washington, DC


Annual Pay: $54,038.36.

Purpose:
This position is responsible for processing pension benefit calculations in accordance with plan rules and regulations for the SEIU Benefit Funds. The SEIU Benefit Funds administer multiple benefit funds in a fast-paced environment.

Primary Responsibilities: (Any one position may not include all of the specific duties and responsibilities listed. Examples provide a general summary of the work required and should not be treated as a total and complete list of expected duties to be performed by employees in the classification.)

  • Processes pension benefit calculations according to plan rules and regulations and/or merger agreements.
  • Processes pension benefit recalculations as required due to additional service credit being reported after initial calculation is performed.
  • Processes pension benefit application.
  • Analyzes, interprets, communicates and applies complicated plan language and merger agreements as related to pension benefits.
  • Analyzes, interprets, communicates and applies ERISA, DOL and IRS Regulations as related to pension benefits.
  • Researches and analyzes pension benefit related delinquencies in coordination with the SEIU Benefit Funds Contributions Compliance Department.
  • Consults, researches, and resolves issues regarding various issues related to participants, beneficiaries, trustees, employers, etc.
  • Prepares reports for the trustee meetings.
  • Assists with implementation of software.
  • Monitors and maintains pension benefit application data.
  • Assists with clerical function of the SEIU Benefit Funds.
  • Assists Executive Director, Deputy Director, Benefits Processing Manager and Assistant Benefits Processing Manager with special projects as assigned.
  • Performs other duties as required to support the mission of the department and the SEIU Benefit Funds.

Direction and Decision Making:
This position reports to the Benefits Processing Manager.

Education and Experience:
Associates degree from an accredited college or university with coursework including business administration and advanced math or other related coursework and two (2) years of experience in a pension environment.

Equivalency:

  • High school or GED, one (1) year of college coursework including business administration and advanced math and three (3) years of experience in a pension environment.
  • Or, a combination of education and experience that would provide for the following knowledge, skills, and abilities:
  • Ability to analyze, interpret, apply and communicate ERISA, DOL and IRS Regulations as related to pension benefits.
  • Ability to analyze, interpret, apply and communicate complicated plan language and merger agreements.
  • Ability to create and maintain confidentiality of information.
  • Ability to perform detailed calculations with accuracy in an efficient manner.
  • Ability to communicate effectively, both orally and in writing.
  • Ability to think critically and produce sound, logical conclusions.
  • Ability to perform data entry functions.
  • Ability to work efficiently and effectively in demanding environment.
  • Ability to handle sensitive situations in a calm respectful manner.
  • Ability to handle multiple projects, meet established deadlines and adapt to an ever-changing environment for the purpose of accomplishing results.
  • Ability to organize work/tasks to provide for systematic and efficient processes.
  • Ability to produce work accurately and thoroughly.
  • Ability to maintain flexible attitude and approach toward assignments while actively participating and supporting a team environment.
  • Proficient in the use of personal computers using accounting, database, and spreadsheet software or other SEIU Benefit Funds software, including Microsoft Office Suite, in the performance of record keeping.
  • Test Certifications:
  • Excel (Intermediate); Word (Intermediate)

Physical Requirements:
Work is generally performed in an office setting. Overtime required as necessary.

Probationary Period:
Sixteen (16) calendar weeks

SEIU Benefit Funds is an Equal Opportunity Employer.

Apply Here: https://www.click2apply.net/hkpg35ypq22rrst4

PI112641443

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