Senior Pensions Administrator Salary

With over three-quarters 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 $45K to $91K per year and averages out to $70K annually. Female Senior Pensions Administrators make up most of the survey respondents at 77 percent. A strong majority report receiving medical coverage from their employers and the greater part collect dental insurance. Most Senior Pensions Administrators like their work and job satisfaction is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$49,435 - $87,429
$49K
$69K
$87K
MEDIAN: $69,298
10%
50%
90%

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$21.75 - $31.79
$23
MEDIAN: $22.89
50%

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$0$91K
Salary $49,435 - $87,429
Bonus $-0.50 - $8,081
Profit Sharing $3,500
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).
)
$46,734 - $91,231
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 24
Hourly Data $0$32
Hourly Rate $22.89
Overtime $32.44
Annual Data $0$91K
Bonus $-0.50 - $8,081
Profit Sharing $3,500
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).
)
$46,734 - $91,231
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 6

Find Out Exactly What You Should Be Paid

United States (change)

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

Pay by Experience Level for Senior Pensions Administrator

Pay by Experience for a Senior Pensions Administrator has a positive trend. An entry-level Senior Pensions Administrator with less than 5 years of experience can expect to earn an average total compensation of $56,000 based on 7 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Pensions Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $58,000 based on 13 salaries. An experienced Senior Pensions Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $69,000 based on 18 salaries. A Senior Pensions Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $71,000 based on 15 salaries.

Key Stats for Senior Pensions Administrator

Gender

Female
69 %
Male
31 %

Job Satisfaction

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

Experience Affects Senior Pensions Administrator Salaries

Late-Career
▲2%

National Average
$69,000

Experienced
▼1%

Mid-Career
▼16%

Entry-Level
▼19%

Job Satisfaction

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

Gender

Female
69 %
Male
31 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 64%
vision benefits
Vision: 52%
no benefits
None: 20%
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