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Senior Pensions Administrator Salary

Senior Pensions Administrators who are practiced in their profession and carry more than 10 years of experience make up roughly three in four of Senior Pensions Administrators. Pay fluctuates from $44K to $83K per year, but expected earnings average $60K per year. Total cash compensation for Senior Pensions Administrators runs from $44K to $83K depending on bonuses that can occasionally exceed $7K and profit sharing that can reach almost $6K. Most Senior Pensions Administrators like their work and job satisfaction is high. Men are in the minority of survey respondents, with female Senior Pensions Administrators making up 75 percent. Health benefits are not claimed by all — somewhere between a fifth and a fourth lack any form of coverage — but a fair number have medical insurance, and the larger part have dental, too. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$47,779 - $80,709
(Median)
48K
71K
81K
MEDIAN: $60,102
10%
75%
90%

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$17.54 - $30.64
(Median)
18
23
27
31
MEDIAN: $22.00
10%
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$28K$56K$84K
Salary
$47,779 - $80,709  
   
Bonus
$0.00 - $6,953  
Profit Sharing
$1,581 - $6,411  
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).
)
$43,894 - $83,160  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 99
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$14$28$42
Hourly Rate
$17.54 - $30.64  
   
Overtime
$29.66 - $35.14  
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$28K$56K$84K
Bonus
$0.00 - $6,953  
   
Profit Sharing
$1,581 - $6,411  
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).
)
$43,894 - $83,160  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 16
United States (change)

Job Description for Senior Pensions Administrator

Senior pension administrators have several job responsibilities, but they generally oversee the administration of retirement plans. They review records for these plans and make sure that they are up-to-date and comply with federal regulations. They are concerned with the normal operation of the plan, including customer service and billing. On occasion, they may work with clients to make the plan more personalized for the individual. For instance, they may assist in deciding on benefit distribution.

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Senior Pensions Administrator Tasks

  • Facilitate communication between individual plan holders, financial advisors, and investors.
  • Process financial statements and keep beneficiaries informed about changes to their retirement plan.
  • Oversee the administration of a company’s retirement plan.
  • Conduct audits and ensure plan is in compliance with government regulations.

Senior Pensions Administrator Job Listings

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Experience Affects Senior Pensions Administrator Salaries

Late-Career
up arrow 12%

National Average
$60,000

Mid-Career
up arrow 1%

Experienced
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

1-4 years
3%
5-9 years
23%
10-19 years
46%
20 years or more
29%

Common Health Benefits

medical benefits Medical: 74% dental benefits Dental: 64%
vision benefits Vision: 41% employee benefits None: 22%