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Senior Pensions Administrator Salary

Senior Pensions Administrators in the United States tend to be well-versed in their field, and more than two-thirds have more than 10 years of experience. Average salary is expected to be around $61K annually, but may range from $45K to $86K per year. Cash earnings for Senior Pensions Administrators — including $8K in bonuses and $6K in profit sharing proceeds near the top of the pay scale — generally stretch from $45K to $86K depending on individual performance. Medical benefits are awarded to a strong majority, and the greater part earn dental coverage. Most Senior Pensions Administrators survey respondents are women (78 percent). Most workers in this position report high levels of job satisfaction.

$46,993 - $86,141
(Median)
$47K
$61K
$86K
MEDIAN: $60,657
10%
50%
90%

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$18.88 - $30.64
(Median)
$19
$23
$31
MEDIAN: $23.00
10%
50%
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$29K$58K$87K
Salary
$46,993 - $86,141  
   
Bonus
$0.00 - $7,830  
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).
)
$45,212 - $86,461  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 105
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$15$30$45
Hourly Rate
$18.88 - $30.64  
   
Overtime
$0.00 - $40.73  
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$30K$60K$90K
Bonus
$0.00 - $7,830  
   
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).
)
$45,212 - $86,461  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 16

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United States (change)


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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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United States (change)

Experience Affects Senior Pensions Administrator Salaries

Late-Career
up arrow 7%

Mid-Career
0%

National Average
$60,000

Experienced
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
1%
1-4 years
2%
5-9 years
26%
10-19 years
42%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 65%
vision benefits Vision: 40% employee benefits None: 17%
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