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Robert lee Adams Jr

Senior Pension Administrator

Randstad Corporation (formerly Office Specialist
Washington. DC, District of Columbia, USA

Contractor to PBG

Professional Summary

I have been exposed thru my previous employer to various data of terminated pension post-employment benefit plans such as ESOPs and others. I have many years of experience in applying regulatory knowledge and understanding of pension plan administration under the Employee Retirement Income Security Act of 1974(ERISA). I have processed payments of grantee pension for eligible and performed legal research to verify benefit eligibility. I have review benefit calculations and reviewed plan with insufficient cash flow in order to termination them. I have administered participant’s reconciling of financial records, performing benefit calculations, performed participant database building, and written memos for the permanent files for ongoing administration and management. I have over three years of working with a local trust & estate company as an accountant. There I interface with clients, lawyers and regulators explaining processes and procedures. I have many years of diversified accounting working with many accounting systems and procedures. Reconciled various accounts using a computerized accounting system and prepared work related journal entries for monthly closing along with processing payroll accounts. Prepared work related financial statements and tax forms from computerized reports. I have a master’s degree in taxation and I learn about deferred compensation, prototype plans, IRS determination letters, IRS testing of plans, expose to 401K process.

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Languages

  • tagalog some
  • French

Industry Experience

    • Pensions

Interests/Hobbies

  • Collecting old recordings
  • attending ballroom dancing classes

Birthday

October 16

Social Media

Experience

Randstad Corporation (formerly Office Specialist
Washington. DC, District of Columbia, USA 20036
Senior Pension Administrator
Contractor to PBG
1995 - 2011
I have reviewed closed calls, open calls, pending calls, correspondence and reviewed appeals from participants in terminated pension plans. I have assisted staff in data collection and the plan assumption process from plans terminated by PBGC or courts of law. As a senior pension administrator, I worked with team members or Employee Benefit Law Specialist in routine case processing case processing such as processing participant applications for pensions, monthly review of payment transactions, reviewed payment amounts and various forms of benefits to ensure the correctness of the transactions.
I assisted team actuaries in preparing benefit estimates for participants by providing document needed for an accurate amounts from pulling copied documents. I work with team members to prepare Benefit Determination Letters, customized letters for participants in terminated plans. Prepared a plan closing memo for terminated plans from various related sources and forwarded the memo for final review. Performed other duties as assigned with enthusiasm

Education

MST, Taxation 1988
Souttheastern University(Now USDA Grad School)
Washington, District of Columbia, United States
Southeastern University/M.S. Degree with Honors, Washington, DC
Major: Taxation Minor: Business Administration
1st Service Award, And office Specialist twice awarded from Randstad of North Americae

I worked in the student clinic as a volunteer representing indigent clients during audits and appeals under the
guidance of my professors until the case was closed.

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