The average salary for a Pension Administrator is $47,485 per year. Most people with this job move on to other positions after 20 years in this field.
Pension Administrator Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$33,130 - $65,093
(Median)
33K
39K
47K
55K
65K
MEDIAN: $47,485
10%
25%
50%
75%
90%
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Pension Administrator Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.79 - $26.98
(Median)
15
17
20
24
27
MEDIAN: $20
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Salary
$33,130 - $65,093  
   
Bonus
$0.00 - $5,077  
Profit Sharing
$990 - $4,824  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,389 - $64,574  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 342
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$14.79 - $26.98  
   
Overtime
$14.09 - $37.65  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $5,077  
   
Profit Sharing
$990 - $4,824  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,389 - $64,574  
PayScale
Country: United States | Currency: USD | Updated: 20 Apr 2014 | Individuals Reporting: 342
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Job Description for Pension Administrator
Pension administrators are responsible for performing needed maintenance and communications related to administering pension plans. They help clients enroll in the pension fund and maintain communication with current clients; this involves helping the client complete an application and answering all questions about how the pension plan works. They generate reports related that answer specific client questions, as well as more generalized reports for other departments regarding the pension plan(s) as a whole. Pension administrators are responsible for helping clients solve issues related to the IRS or other tax concerns. They must have knowledge of all relevant laws and regulations affecting their specific pension plan and its clients. Pension administrators also must maintain a database of client information to quickly and accurately answer client inquiries regarding status and benefit information.
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Pension Administrator Tasks
  • Reconcile employee accounts and brokerage summary statements.
  • Determine eligibility for benefits, calculate benefits and payments.
  • Prepare, submit and maintain employee benefit records and documents.
  • Administer employee pension and savings plans, working with plan carriers.
  • Ensure compliance to plan provisions and federal regulations.
Popular Skills for Pension Administrator
Pay by Experience Level for Pension Administrator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Los Angeles
up arrow 24%
National Average
$48,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Pension Administrator Salaries

National Average
$48,000

Skills That Affect Pension Administrator Salaries

National Average
$48,000
Microsoft Excel
up arrow 1%
Microsoft Word
up arrow 2%
Microsoft Office
up arrow 3%
Windows Operating System General Use
up arrow 4%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 97 votes.
Gender
Female
66%
female alumni
 
Male
34%
male alumni
Years of Experience
Less than 1 year
4%
1-4 years
37%
5-9 years
27%
10-19 years
23%
20 years or more
9%
Common Health Benefits
medical benefits Medical: 81% dental benefits Dental: 59%
vision benefits Vision: 40% employee benefits None: 18%
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