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Pension Benefit Processor Jobs (NOW HIRING)

ADP, Inc.

Benefit Specialist - Pension

Cypress, CA · On-site

$80K - $110K/yr

... process. Full Time Clerical Cypress, CA, US 30+ days ago Requisition ID: 1044 Salary Range: $80,000 ... The Benefits Specialist-Pension is responsible for the financial reconciliation and month-end ...

Managed Care Staffers

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Benefits Pension Analyst

Schaumburg, IL · On-site

$25/hr

Verify and process pension and annuity applications, and related documents. * Answer all members ... benefit payments to retirees. * Keep up-to-date records for deceased retirees, spouses, and ...

TIC Midwest, LLC

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Pension Claims Examiner - Customer Service Representative

Lansing, MI · On-site

$20/hr

We are seeking a full-time Pension Claims Examiner to process pension inquiry requests, prepare retirement applications (including benefit calculations), disability retirement benefits and survivor ...

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Pension Benefit Processor information

What is the difference between Pension Benefit Processor vs Pension Claims Specialist?

AspectPension Benefit ProcessorPension Claims Specialist
Required CredentialsHigh school diploma or equivalent; some roles may require insurance or pension certificationsHigh school diploma; certifications in pension or insurance claims are common
Work EnvironmentOffice setting, processing pension data and benefitsOffice or call center, handling pension claim inquiries and processing
Employer & Industry UsageInsurance companies, pension funds, government agenciesInsurance firms, pension providers, government agencies
Common Search & ComparisonYesYes

The Pension Benefit Processor and Pension Claims Specialist roles share similar credentials and work environments, often found within pension funds and insurance companies. While both handle pension-related tasks, the Processor primarily manages data and benefit calculations, whereas the Claims Specialist focuses on processing claims and assisting clients. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What does a pension benefit processor do?

A pension benefit processor is responsible for calculating, reviewing, and processing pension payments and related benefits for retirees or beneficiaries. They ensure accurate data entry, verify eligibility, and use pension administration software to manage records efficiently. Attention to detail and knowledge of pension plans and regulations are essential for this role.

What cities are hiring for Pension Benefit Processor jobs?

Cities with the most Pension Benefit Processor job openings:

What are popular job titles related to Pension Benefit Processor jobs?

For Pension Benefit Processor jobs, the most frequently searched job titles are:

Infographic showing various Pension Benefit Processor job openings in the United States as of June 2026, with employment types broken down into 32% Full Time, 60% Part Time, and 8% Contract. Highlights an 87% Physical, 7% Hybrid, and 6% Remote job distribution.

Benefit Specialist - Pension

Cypress, CA • On-site

Southern California United Food & Commercial Workers Unions and
See more jobs at Southern California United Food & Commercial Workers Unions andexternal

$80K - $110K/yr

Full-time

Retirement

Posted 7 days ago

Job description

SUMMARY: The Benefits Specialist-Pension is responsible for the financial reconciliation and month-end balancing of all pension benefit payments issued by the Fund. This role ensures the accuracy and integrity of pension payables to retirees, beneficiaries, and alternate payees. The position is not participant-facing and focuses exclusively on financial reconciliation, payment accuracy, tax reporting integrity, overpayment tracking, and compliance-related adjustments.


ESSENTIAL DUTIES AND RESPONSIBILITIES:

Management reserves the right to assign additional responsibilities as needed to meet operational requirements.

  1. Reconcile all monthly pension payroll totals, including new awardees and existing payees.
  2. Balance gross benefit payments, tax withholdings, levies, adjustments, and net disbursements.
  3. Validate totals against system-generated reports and general ledger records.
  4. Ensure accurate integration of new awards into ongoing pension payroll.
  5. Prepare detailed reconciliation schedules to support month-end close.
  6. Maintain tracking logs for pension overpayments.
  7. Monitor participants on repayment plans, including those related to suspensible employment (working over allowable hours).
  8. Reconcile repayment activity against outstanding balances.
  9. Track benefit suspensions, recoupments, and reinstatements for financial accuracy.
  10. Coordinate with Pension Management to ensure proper financial recording of recoupment activity.
  11. Provide periodic reporting on outstanding overpayment balances, process and reconcile federal and state tax withholdings, IRS levies and garnishments, court-ordered payments and benefit adjustments and retroactive corrections.
  12. Ensure all financial changes are accurately reflected in payroll and accounting records.
  13. Investigate and resolve payment discrepancies.


EDUCATION and/or EXPERIENCE: 

  1. High School diploma or GED required. 
  2. Associate’s or bachelor’s degree in Accounting, or related field or a combination of education and experience. 
  3. 2+ years of experience in pension administration preferred.
  4. 2+ years of Pension & Reconciliation experience, preferably within a pension plan.
  5. Experience in financial reconciliation, payroll balancing, or accounting support preferred.
  6. Strong understanding of general ledger and reconciliation processes.
  7. High level of accuracy and attention to detail.
  8. Advanced Excel proficiency.
  9. Ability to manage large volumes of financial data.
  10. Prior experience in pension administration, multiemployer plans, or Taft-Hartley environment preferred.
  11. Familiarity with suspendible employment rules or benefit recoupment processes preferred.
  12. CEBS certification is required. If not currently obtained, employees must complete the certification within two years of employment and fulfill all continuing education requirements necessary to maintain the certification.

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