Retirement Services Analyst

Job Title:

Retirement Services Analyst I

Labor Grade: 7

Department:
Retirement Services

Reports To:

Supervisor, Retirement Services

FLSA Status:
Non‑Exempt (Local 153)

Salary Range:
As established by contract

Posting Date: 5/10/21

Under the supervision of the Retirement Services Supervisor, the Analyst I is responsible for determining pension eligibility and for processing all pension applications and death benefit claims in compliance with plan documents and the law. These applications are inclusive of, but may not be limited to: retirement, death, and disability for all plans.

• Determine pension eligibility in compliance with plan documents for members, spouses and beneficiaries.
• Analyze applications for completeness and accuracy; draft follow‑up correspondence as needed; maintain file while application is in process.
• Process pension and death benefit applications in a timely and accurate manner.
• Perform required minimum distribution calculations.
• Review “prior service” record and conduct research of work history as necessary.
• Support all batch application processes, including the review of calculations and applications.
• Test system updates.
• Complete standardized and one‑off written communications.
• Handle all banking transactions including stop/reissue of pension payments, reclaims and reconciliations.
• Process ACH transfers.
• Correct over payment and underpayment issues.
• Execute special projects as assigned by management.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required.

• Detailed knowledge of pension calculations.
• Ability to prioritize work and meet deadlines.
• High level of proficiency in Microsoft Office programs, including Word and Excel.
• Very strong math, analytical, problem‑solving and decision‑making skills.
• Excellent organizational and prioritizing skills.
• Detail oriented with strong ability to multitask.

• Strong oral and written interpersonal skills.
• Demonstrated customer service orientation.
• Ability to work both independently and as a team player.
• Ability to effectively operate in a fast‑paced work environment.

College graduate. Experience with pension administration preferred.

High

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