Agency: Teachers' Retirement System of the State of Illinois
Closing Date/Time: 12/13/2024
Salary: $46,403 -59,395
Job Type: Salaried
County: Sangamon
Number of Vacancies: 1
****************A RESUME IS REQUIRED FOR THIS JOB POSTING****************
Please attach a DETAILED Resume/Curriculum Vitae (CV) to the MY DOCUMENTS section of your application. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document that is not a Resume or CV.
Job Summary
Under the supervision of the Deferred Compensation Manager, the Deferred Compensation (DC) Plan Representative is accountable for receiving inquiries by telephone and email from TRS employers, members and others regarding the TRS Supplemental Savings Plan (SSP) deferred compensation plan. The incumbent is expected to accurately respond to a large volume of inquiries while maintaining quality service. In addition, the incumbent is required to maintain basic knowledge of the Illinois Pension Code, the SSP Plan Document and Internal Revenue Code Section 457(b).
This position will respond to telephone and email inquiries regarding technical questions concerning SSP eligibility, enrollment and SSP deferral processing and reporting. This position is responsible for providing accurate information to TRS employers, members, and staff regarding the SSP and related policies and procedures.
The incumbent is required to provide courteous, accurate, and prompt service, and present a professional and positive image of the System and the SSP when interacting with employers, members, coworkers and external contacts. This position requires extensive collaboration, sound decision making skills and the ability to properly structure activities in a manner that allows for the timely completion of assignments, tasks, and goals.
With almost 1,000 covered employers and over 140,000 eligible members, the DC Plan Representative will play a pivotal role in the front-office operations of the TRS SSP 457(b) Plan. The incumbent must possess organizational skills, sound analytical skills and the ability to communicate effectively with employers, members, coworkers, and third-party administrators both verbally and through written correspondence.
Essential Functions
- Correctly log into the Call Center phone system and be available to receive telephone inquiries regarding the SSP at the start of the assigned work shift. Correctly log out of the Call Center phone system during breaks, meetings, lunch breaks and at the end of the assigned work shift.
- Ensure participant and employer issues are resolved timely. Respond, analyze, or recommend solutions to inquiries in accordance with statutory requirements, rules and procedures. Document the calls, emails and actions as directed.
- Initiate requests for additional assistance for complex issues requiring expertise for resolution, according to the established procedures in an accurate and timely manner.
- Direct inquiries to the employer or third-party administrator, when appropriate.
- Provide basic training of TRS and SSP policies to employers via verbal as well as written communications.
- Assist employers with plan questions and resolving reporting issues, including but not limited to meeting one on one with employers to step them through the SSP employer reporting process in Gemini or performing outreach to employers regarding reporting delinquent deferrals and assisting these employers with reporting in Gemini.
- Perform voice mail call backs and email responses, as assigned.
- Suggest and participate in implementing initiatives to improve customer service and Call Center effectiveness.
- Maintain an understanding of statutory requirements, Internal Revenue Code Section 457(b) rules, the TRS SSP Plan Document, and SSP policies and procedures.
- Assist Deferred Compensation staff with tracking and administrative duties, as needed.
- Perform other duties as required or assigned.
Knowledge, Skills and Abilities
- Demonstrates customer service skills.
- Friendly and service oriented.
- Maintains a high degree of professionalism.
- Demonstrates a high level of accuracy, even under pressure.
- Ability to analyze and interpret data.
Minimum Requirements
- An associate degree in business administration, public administration, accounting, or related field OR three (3) years related experience in public/multi-employer pension, private pension plan, benefit administration or related experience in lieu of a degree.
- Requires two (2) years of work experience in a payroll and/or benefits position.
- Prefers one (1) year of work experience in a customer service environment.
- Excellent oral and written communication and interpersonal skills are required.
- Working knowledge of Microsoft Office is required.
- Knowledge of public pension and/or defined contribution/deferred compensation plans is preferred.
Benefits
- State, health, dental, life, and vision insurance
- TRS offers a comprehensive and generous time off package, reflecting our commitment to fostering high employee satisfaction and a healthy work-life balance
- Teachers’ Retirement System Pension
- Optional deferred compensation plan
Work Hours: 8:30am - 4:30pm
Work Location: 2815 W. Washington St., Springfield, IL 62702-3397
Agency Contact: cwalls@trsil.org
Job Family: Office & Administrative Support
TRS provides retirement benefits for teachers who are employed by all Illinois public common and charter school districts located outside the city of Chicago. The Illinois Pension Code contains the laws relating to our creation, benefits, and administration.
The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
- donotreply@SIL-P1.ns2cloud.com
- systems@SIL-P1.ns2cloud.com
