Benefits Operations Administrator Interview Questions and Answers

Pension payroll and defined benefits are related to retirement plans offered by employers.

• Pension payroll refers to the process of calculating and distributing retirement benefits to employees.

• Defined benefits are retirement plans where the employer guarantees a specific payout to the employee upon retirement.

• Employers may offer pension plans as a form of employee benefits to attract and retain talent.

• Pension plans may be funded by the employer, employee, or both.

• Examples of ...read more