Senior Pensions Administrator Salary

A little under three-quarters of Senior Pensions Administrators in the United States have been in the field for more than 10 years. Pay can fall anywhere from $45K to $85K per year, but median earnings come to around $60K per year. With some bonuses approaching $8K and certain profit sharing proceeds approaching $6K, overall incomes of Senior Pensions Administrators spread between $45K and $85K depending on individual performance. Men are in the minority of survey respondents, with female Senior Pensions Administrators making up 77 percent. A fair number report receiving medical coverage from their employers and the larger part collect dental insurance. Job satisfaction for Senior Pensions Administrators is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$46,732 - $85,496
(Median)
$47K
$60K
$85K
MEDIAN: $60,411
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
$46,732 - $85,496  
   
Bonus
$0.00 - $7,891  
Profit Sharing
$1,570 - $6,456  
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).
)
$44,968 - $85,190  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 102
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 - $7,891  
   
Profit Sharing
$1,570 - $6,456  
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).
)
$44,968 - $85,190  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 16
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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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Experience Affects Senior Pensions Administrator Salaries

Late-Career
up arrow 9%

National Average
$60,000

Experienced
up arrow 2%

Mid-Career
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 25 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
1%
1-4 years
3%
5-9 years
25%
10-19 years
42%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 64%
vision benefits Vision: 41% employee benefits None: 17%
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