Pension Administrator Salary (United States)

The average salary for a Pension Administrator is $48,618 per year. Most people with this job move on to other positions after 20 years in this field.
Pension Administrator Salary (?
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.
)
$34,300 - $67,590
(Median)
34K
41K
49K
56K
68K
MEDIAN: $48,617
10%
25%
50%
75%
90%
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Pension Administrator Salary (?
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.
)
$15.09 - $27.29
(Median)
15
18
20
24
27
MEDIAN: $20
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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$23K$46K$69K
Salary
$34,300 - $67,590  
   
Bonus
$0.00 - $5,198  
Profit Sharing
$996 - $4,877  
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).
)
$34,387 - $66,836  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 261
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
$15.09 - $27.29  
   
Overtime
$0.00 - $36.19  
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 - $5,198  
   
Profit Sharing
$996 - $4,877  
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).
)
$34,387 - $66,836  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 53
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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.

Pension Administrator Job Listings

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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.

Related Job Salaries

Experience Affects Pension Administrator Salaries

National Average
$49,000

Skills That Affect Pension Administrator Salaries

Microsoft Excel
up arrow 1%
Microsoft Word
0%
National Average
$49,000
Microsoft Office
up arrow 3%
Windows Operating System General Use
up arrow 3%

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 90 votes.

Gender

Female
66%
female alumni
 
Male
34%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
34%
5-9 years
29%
10-19 years
24%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 61%
vision benefits Vision: 41% employee benefits None: 15%
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