Senior Pensions Administrator Salary

Between two-thirds and three-fourths 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. Total incomes of Senior Pensions Administrators incorporate potential for, in a few cases, more than $8K from bonuses and close to $6K from profit sharing; these performance components cause packages to range between $45K and $85K. Female Senior Pensions Administrators make up most of the survey respondents at 77 percent. Job satisfaction for Senior Pensions Administrators is high. A fair number report receiving medical coverage from their employers and a majority collect dental insurance.

$46,581 - $85,192
(Median)
$47K
$60K
$85K
MEDIAN: $60,208
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
$46,581 - $85,192  
   
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).
)
$45,109 - $84,923  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 104
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).
)
$45,109 - $84,923  
Country: United States | Currency: USD | Updated: 2 Jul 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 8%

National Average
$60,000

Mid-Career
up arrow 1%

Experienced
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
24%
10-19 years
43%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 63%
vision benefits Vision: 40% employee benefits None: 19%
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