Retirement Plans Counselor

Location
Massachusetts, United States
Posted
19 Jun 2019
End of advertisement period
19 Aug 2019
Ref
17605
Contract Type
Permanent
Hours
Full Time

Working at MIT offers opportunities, an environment, a culture – and benefits – that just aren’t found together anywhere else. If you’re curious, motivated, want to be part of a unique community, and help shape the future – then take a look at this opportunity.

RETIREMENT PLANS COUNSELOR, Human Resources-Benefits-Retirement Team, to counsel MIT employees on the provisions of its retirement plans, including the development, maintenance and distribution of retirement plan materials and communications.  Responsibilities include serving as lead retirement plan counselor for the team; developing and maintaining counseling materials using current techniques and best practices; collecting peer benchmark information from IVY+ institutions and other industries; maintaining counseling logs and ensuring the team adheres to retirement plan education and guidance practices; maintaining the summary plan descriptions for all MIT retirement plans, drafting and coordinating changes with the General Counsel’s Office, external legal counsel, and appropriate consultants to keep documentation up-to-date and in compliance with Department of Labor regulations; curating the retirement benefit plans webpages; developing drafts of all communications for the retirement plans after coordinating appropriate reviews; project managing retirement communications for plan design changes, including managing vendors for draft communications, production and distribution, coordinating with the HR Communications Team,  managing the coordination of legal and compliance reviews and required communications  for any plan changes; developing and maintaining presentations and seminars related to the retirement plans for the MIT community; maintaining the plan’s communications in compliance with ERISA, IRS, and DOL pension regulations,; and assisting with overall plan compliance. 

Job Requirements

REQUIRED:  bachelor’s degree; seven years’ retirement plan administration experience, including drafting/reviewing retirement plan communications for defined benefit and defined contribution plans; knowledge of pension and retirement plan regulations and federal and state laws; attention to detail and accuracy; excellent customer service skills; project management skills; and proficiency with MS Office (Word, Excel, and PowerPoint). SAP experience a plus.  Job #17605-9.

MIT is an equal employment opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, genetic information, veteran status, ancestry, or national or ethnic origin.