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DEFINED BENEFITS COORDINATOR
DEFINED BENEFITS COORDINATORLoyola University Chicago • Chicago, IL, US
DEFINED BENEFITS COORDINATOR

DEFINED BENEFITS COORDINATOR

Loyola University Chicago • Chicago, IL, US
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Duties and Responsibilities

The Defined Benefits Coordinator assists with the daily operations of the Defined Benefit Pension Plan (LUERP), ensuring compliance with regulations, and assisting participants with Plan-related inquiries.

  • Calculates estimates of LUERP Pension Benefits for current participants.
  • Calculates actual calculations for terminated vested participants.
  • Sends out and processes / reviews required paperwork for Pension payments (lump sums and Annuities).
  • Sets-up Pension payments with on-line Banking system.
  • Maintains paper and on-line file systems to keep track of all Pension participants.
  • Effectively communicates retirement Pension processing to eligible participants.
  • Ability to handle high volume of phone calls.
  • Monitors LUERP mailbox.
  • Performs other duties as assigned.

Minimum Education and / or Work Experience High School Diploma or GED and zero – one year of related experience in an office setting. Qualifications See Minimum Education and / or Work Experience section. Certificates / Credentials / Licenses

SHRM or CEBS Certification suggested

Computer Skills

  • Microsoft Office
  • Supervisory Responsibilities No Required operation of university owned vehicles No Does this position require direct animal or patient contact? No Physical Demands Repetitive Motions Working Conditions None

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