Pension Benefit Analyst
Pension Benefit Analyst
Posted on :
27-06-2025
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1 Vacancy
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Job Description
This position is with a reputable and established Healthcare Insurance and Pension Provider in Glendale CA. The Pension Benefit Analystwill help clients/participants with their Pension Plans process payments process applications retirement benefits assistance death benefits vesting and compliance. You must have Pension Benefit experience and knowledge. This is a high call volume position and you will be assisting customers over the phone and via email all day.
Benefits.
QUALIFIED DOMESTIC RELATIONS ORDERS
TRAINING
EDUCATIONAL/EXPERIENCE REQUIREMENTS
Reach out to Ida for more details at or
Equal Opportunity Employer considering qualified applicants in accordance with applicable state and federal laws. Qualified applicants with arrest or conviction records will be considered for employment in accordance with the LA County Fair Chance Ordinance the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and state law.
Job Type: Full-time
Pay: $70000.00 - $80000.00 per year
Benefits.
- Medical Dental Vision Plans paid 100% by Employer
- 401K with 2% Company Match
- You receive a Pension with this Employer
- 2 weeks PTO Holiday & Floating Holiday Pay Sick Pay
- Salary is $65K- 78K depending on experience
- Career Advancement Opportunities
- Correspond with Client/Participants third parties consultants vendors as needed.
- Counsel Client/Participants regarding retirement benefits death benefits vesting etc. in person via telephone and via mail or facsimile
- Implement benefit modifications determined by the Board of Directors and/or Benefits Committee or as mandated by law
- Process death benefits relative to the death of Pension holders including notification and payment or recovery
- Calculate retirement benefits and death benefits.
- Calculate overpayments or underpayments for a variety of reasons including audits by the Employer Compliance Department
- Approve credits and process debits for the Employer Compliance Department
- Locate beneficiaries process documents and notify of benefits for entitlement to pre-retirement death benefits
- Work with consultants to ensure compliance with Trust Agreement and with Federal and State Laws
- Process joinders and subpoenas relative to the dissolution of marriage for Participants
- Process death benefit application materials relating to pre-retirement death benefits and follow-up with any pending items
- Determine eligibility for Certified Retiree Health Fund Pension coverage
- Calculate adjustments to pension benefits due to re-employment audit Qualified Domestic Relations Orders etc.
- Prepare annual statements
- Prepare and process retirement application and benefit estimate requests
- Review power of attorney documents and determine acceptability as an authorized third party
- Verify income and contribution amounts
- Process marriage certificate and divorce decrees
- Determine vested status of Participants
- Process requests for Electronic Funds Transfer and ACH reject and return reports
- Process international wire transfer requests
- Determine monthly ending pension awards
- Approve SSN merges and changes done by IT and Data Processing departments
- Calculate and process estate payments
- Comply with IRS levies as necessary
- Process monthly pension payables including the balance of cash requirements
- Answer e-mail messages for Pension Benefits Department
- Prepare claim denials and draft appeal memos for the Benefits Committee
QUALIFIED DOMESTIC RELATIONS ORDERS
- Review analyze and process Qualified Domestic Relations Orders and Domestic Relations Orders
- Make determination of qualified status of Domestic Relations Orders.
TRAINING
- Train junior team members in processes and individual tasks relating to process.
- Cross train with team in departmental tasks.
EDUCATIONAL/EXPERIENCE REQUIREMENTS
- Bachelors Degree preferred Associate Degree Requiredwith a concentration in any of the following fields: Mathematics Economics Finance Business or related field.
- Experience in pension benefits administration or finance required
Reach out to Ida for more details at or
Equal Opportunity Employer considering qualified applicants in accordance with applicable state and federal laws. Qualified applicants with arrest or conviction records will be considered for employment in accordance with the LA County Fair Chance Ordinance the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and state law.
Job Type: Full-time
Pay: $70000.00 - $80000.00 per year
Required Experience:
IC
Employment Type
Full-Time
Key Skills
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