Pre Retirement Counselor
CurrentThe Retirement Counselor is responsible for counseling members on retirement benefits and processing retirement applications. This position is governed by state and federal laws and agency/institution policy.TYPICAL FUNCTIONS• Counsels retirement system members on available annuity options, explaining procedures for purchasing, receiving retirement credit for previous service or reciprocal service, and prepares correspondence regarding benefit status. • Computes annuity benefits, utilizing years of service and compensation factors, and determines amount needed from reserve each month. • Verifies eligibility for retirement benefits through review of school, military, insurance, and state records. • Establishes and updates retirement benefits files and processes retiree payroll, including writing and balancing vouchers and mailing checks and forms. • Prepares monthly retirement system membership reports for Board of Trustees. • Receives notice of death of retirees, determines beneficiary, and processes final payment before closing benefits amount. • Prepares and presents materials to members in training workshops. • Performs other duties as assigned.