The average salary for a Pension Administrator is C$53,726 per year.

C$40,397 - C$68,907
C$40K
C$50K
C$69K
MEDIAN: C$49,823
10%
50%
90%
C$23.27 - C$30.65
C$26
MEDIAN: C$25.96
50%
C$0C$70K
Salary C$40,397 - C$68,907
Bonus C$0.00 - C$8,500
Profit Sharing C$2,750
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).
)
C$40,375 - C$70,535
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 110
Hourly Data C$0C$46
Hourly Rate C$25.96
Overtime C$46.10
Annual Data C$0C$70K
Bonus C$0.00 - C$8,500
Profit Sharing C$2,750
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).
)
C$40,375 - C$70,535
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 9

Job Description for Pension Administrator

Pension administrators are responsible for performing needed maintenance and communications related to administering pension plans. They help clients enroll in the pension fund and maintain communication with current clients; this involves helping the client complete an application and answering all questions about how the pension plan works. They generate reports related that answer specific client questions, as well as more generalized reports for other departments regarding the pension plan(s) as a whole. Pension administrators are responsible for helping clients solve issues related to the IRS or other tax concerns. They must have knowledge of all relevant laws and regulations affecting their specific pension plan and its clients. Pension administrators also must maintain a database of client information to quickly and accurately answer client inquiries regarding status and benefit information.

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Pension Administrator Tasks

  • Administer employee pension and savings plans, working with plan carriers.
  • Ensure compliance to plan provisions and federal regulations.
  • Prepare, submit and maintain employee benefit records and documents.
  • Reconcile employee accounts and brokerage summary statements.
  • Determine eligibility for benefits, calculate benefits and payments.

Pension Administrator Job Listings

Popular Skills for Pension Administrator

Pay by Experience Level for Pension Administrator

Pay by Experience for a Pension Administrator has a positive trend. An entry-level Pension Administrator with less than 5 years of experience can expect to earn an average total compensation of C$50,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Pension Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$55,000 based on 12 salaries. An experienced Pension Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$63,000 based on 14 salaries. A Pension Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$65,000 based on 9 salaries.

Pay Difference by Location

National Average: C$51,121

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Pension Administrator

Gender

Female
73 %
Male
27 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
Less than 1 year
8%
1-4 years
35%
5-9 years
24%
10-19 years
24%
20 years or more
8%

Experience Affects Pension Administrator Salaries

Late-Career
▲27%

▲23%

▲7%

National Average
C$51,000

▼2%

Skills That Affect Pension Administrator Salaries



Pension Plan Administration
▲4%

Microsoft Office
▲1%

National Average
C$51,000

Windows Operating System General Use
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
8%
1-4 years
35%
5-9 years
24%
10-19 years
24%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 74%
vision benefits
Vision: 60%
no benefits
None: 13%