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Benefit Accountant

Municipal Employees' Annuity and Benefit Fund of Chicago • Chicago, IL, US • published 2026-10-11 03:03:33.036572

Description

**Class Title:** Benefit Accountant **Reports to:** Comptroller **Characteristics of the Class:** Reconcile and confirm annuity benefit payroll. Monitor and confirm new additions to monthly annuitant payroll payments calculation and ensure the insurance deductions are remitted appropriately. This position interfaces with the benefit department, member service department and IT department. Essential Duties: · Reconcile monthly annuity benefit payroll. Confirm all benefit changes including any deaths for the month, health insurance cost and other deductions. · Perform verification of new additions to the monthly annuity payroll (New Business Summary Report) created for each new annuitant. Verify pertinent information such as social security number, tax information, years of service, cost of living date and payment information. · Review and approve monthly transmission files sent to the custodial bank for payment set up for new annuitants. · Review Overpayment List for Deceased report and prepare adjustment forms to request the return of tax payments from custodial bank. · Work with IT Department to review files from approved health insurance providers for Medicare, and Non\-Medicare ...

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