| Duties and Responsibilities |
The Defined Benefits Coordinator assists with the daily operations of the defined benefit pension plan, ensuring compliance with regulations, and assisting participants with plan-related inquiries.
- Calculate estimated LUERP pension benefits for current participants.
- Perform final pension benefit calculations for terminated vested participants.
- Process, review, and distribute required paperwork for pension payments, including lump sums and annuities.
- Set up and manage pension payments through the online banking system.
- Maintain organized records of pension participants, both in physical and digital file systems.
- Clearly communicate pension benefit details and retirement processing steps to eligible participants.
- Manage a high volume of phone inquiries, providing accurate and professional assistance.
- Perform other duties as assigned
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| Qualifications |
- Bachelor's Degree preferred.
- Strong written and verbal communication skills and ability to communicate with a diverse client population, both internal and external, to relay accurate, appropriate and timely information.
- Strong organizational skills, attention to detail and ability to multitask.
- Ability to be flexible in a dynamic work environment.
- Exercise good judgment and maintain confidentiality in maintaining critical and sensitive information, records, and reports.
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| About Loyola University Chicago |
Founded in 1870, Loyola University Chicago is one of the nation's largest Jesuit, Catholic universities, recognized for its academic excellence, commitment to community engagement, and leadership in sustainability. A Carnegie R1 research institution, Loyola leverages its status as one of an elite group of universities with the highest level of research activity to advance knowledge that serves communities and creates global impact. With
15 schools, colleges, and institutes-including Business, Law, Medicine, Nursing, and Health Sciences-Loyola operates three primary campuses in the greater Chicago area and one in Rome, Italy, that provide students a transformative, globally connected learning experience. Consistently ranked among the nation's top universities by
U.S. News & World Report, Loyola is a
STARS Gold-rated institution that is ranked as one of the country's most sustainable campuses by
The Princeton Review and has earned distinctions from AmeriCorps and the Carnegie Foundation for its longstanding record of service and community engagement. Guided by its Jesuit mission and commitment to caring for the whole person, Loyola educates ethical leaders who think critically, act with purpose, and strive to create a more just and sustainable world.
Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. To view our benefits in detail,
click here.
Loyola adheres to all applicable federal, state, and/or local civil rights laws and regulations prohibiting discrimination in private institutions of higher education. Please see the University's
Nondiscrimination Policy. |
Loyola University Chicago
Mar 24, 2025