Senior Pensions Administrator Salary

With roughly three in four of Senior Pensions Administrators in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $46K to $83K per year and averages out to $69K per year. A fair number report receiving medical coverage from their employers and a majority collect dental insurance. Female Senior Pensions Administrators far outnumber their male contemporaries among survey respondents. Most Senior Pensions Administrators report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$48,186 - $81,518
$48K
$69K
$82K
MEDIAN: $68,897
10%
50%
90%

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$21.33 - $25.00
$22
MEDIAN: $22.42
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$48,186 - $81,518  
   
Bonus
$1,156 - $8,312  
Profit Sharing
$4,000  
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).
)
$46,376 - $82,671  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 34
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$22.42  
   
Overtime
$31.17  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$1,156 - $8,312  
   
Profit Sharing
$4,000  
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).
)
$46,376 - $82,671  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 7

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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

  • 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.
  • Facilitate communication between individual plan holders, financial advisors, and investors.

Senior Pensions Administrator Job Listings

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Pay by Experience Level for Senior Pensions Administrator

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Relatively untried employees who have fewer than five years of experience earn around $56K on average. People who have worked for five to 10 years can expect a higher median salary of $58K. Senior Pensions Administrators with one to two decades of relevant experience report an average salary of approximately $69K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $71K.

Key Stats for Senior Pensions Administrator

Gender

Female
81 %
Male
19 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
1-4 years
7%
5-9 years
17%
10-19 years
39%
20 years or more
37%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Pensions Administrator Salaries

Late-Career
▲8%

Experienced
▲5%

National Average
$66,000

Mid-Career
▼11%

Entry-Level
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

1-4 years
7%
5-9 years
17%
10-19 years
39%
20 years or more
37%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 67%
vision benefits
Vision: 55%
dental benefits
None: 15%
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