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Pension Administration Jobs (NOW HIRING)

Pension Claims Processor

Indianapolis, IN ยท On-site

$16.25 - $20.50/hr

Do you thrive in a specialized environment where your expertise in pension administration, ERISA compliance, and participant services is genuinely valued? If so, we want to hear from you. Why This ...

Test Analyst - Pension

Sacramento, CA ยท On-site +1

$80/hr

This role is responsible for ensuring high software quality across complex pension administration functionality through rigorous testing, defect management, data validation, and continuous ...

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Pension Administration information

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How much do pension administration jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for pension administration in the United States is $25.75, according to ZipRecruiter salary data. Most workers in this role earn between $20.43 and $30.77 per hour, depending on experience, location, and employer.

How much does a senior pension administrator make in the US?

A senior pension administrator in the US typically earns between $70,000 and $100,000 annually, depending on experience, location, and the size of the organization. They often require strong knowledge of pension plans, regulatory compliance, and administrative software tools.

What does a pension administrator do?

A pension administrator manages and processes pension plan records, ensuring accurate calculation of benefits, contributions, and payments. They handle employee inquiries, maintain compliance with regulations, and often use specialized software to manage data efficiently.

What is the difference between Pension Administration vs Pension Analyst?

AspectPension AdministrationPension Analyst
CredentialsTypically requires pension or financial certifications, relevant experienceOften requires finance or actuarial certifications, analytical skills
Work EnvironmentAdministrative offices, pension plan departmentsFinancial institutions, consulting firms, pension funds
Employer & IndustryEmployers managing pension plans, government agenciesFinancial services, actuarial firms, pension consulting

Pension Administration focuses on managing pension plan records, processing benefits, and ensuring compliance. Pension Analysts analyze pension data, assess plan performance, and provide insights. While both roles require knowledge of pension plans, Administration is more operational, whereas Analysts focus on data analysis and strategy.

What is a $100,000 per year pension worth?

A pension of $100,000 per year for a pension administrator or related role depends on factors like the pension's payout structure, discount rate, and expected lifespan. Typically, such a pension has a present value ranging from three to five times the annual benefit, depending on assumptions used in valuation calculations. Accurate assessment requires understanding specific plan details and actuarial assumptions.

What is pension administration?

Pension administration refers to the management and oversight of retirement benefit plans, including tasks such as record-keeping, compliance with regulations, and processing contributions and benefit payments. Pension administrators ensure that pension plans run smoothly by maintaining accurate participant data, calculating benefits, and communicating with plan members. They play a crucial role in helping organizations meet their legal obligations and deliver promised retirement benefits to employees.

What kind of jobs pay pensions?

Jobs that typically pay pensions include government positions, such as public school teachers and civil servants, as well as certain corporate roles in industries like utilities, transportation, and large financial institutions. These jobs often require long-term employment and may involve participation in employer-sponsored retirement plans, with some requiring specific certifications or union membership.

What are some common challenges faced by professionals in Pension Administration, and how can they be addressed?

Professionals in Pension Administration often face challenges such as keeping up with frequent regulatory changes, managing large volumes of sensitive data, and ensuring timely communication with plan participants. Staying organized and maintaining up-to-date knowledge of pension laws are crucial to overcoming these issues. Many teams use specialized pension management software to streamline processes and reduce errors, and ongoing training or collaboration with compliance experts can help address regulatory complexities.

What are the key skills and qualifications needed to thrive in Pension Administration, and why are they important?

To excel in Pension Administration, you need strong analytical skills, attention to detail, and a solid understanding of pension laws and regulations, often supported by a degree in finance, business, or a related field. Proficiency with pension administration software, Excel, and familiarity with compliance systems such as ERISA are typically required. Excellent communication, problem-solving abilities, and organizational skills help professionals effectively manage participant inquiries and complex data. These competencies ensure accurate plan management, regulatory compliance, and high-quality service for plan participants.
More about Pension Administration jobs
What cities are hiring for Pension Administration jobs? Cities with the most Pension Administration job openings:
What states have the most Pension Administration jobs? States with the most job openings for Pension Administration jobs include:
Infographic showing various Pension Administration job openings in the United States as of June 2026, with employment types broken down into 91% Full Time, 2% Part Time, 2% Temporary, and 5% Contract. Highlights an 93% In-person, 2% Hybrid, and 5% Remote job distribution, with an average salary of $53,551 per year, or $25.7 per hour.
Pension Claims Processor

Pension Claims Processor

InvigorateHR

Indianapolis, IN โ€ข On-site

$16.25 - $20.50/hr

Full-time

Medical, Retirement, PTO

Posted 4 days ago


Job description

Pension Claims Processor
Indianapolis, Indiana
Full-Time
  • Are you a detail-oriented benefits professional who takes pride in getting it right-every time?
  • Do you find purpose in work that directly impacts working families-helping union members and retirees navigate one of the most important transitions of their lives?
  • Do you thrive in a specialized environment where your expertise in pension administration, ERISA compliance, and participant services is genuinely valued?

If so, we want to hear from you.
Why This Role Is Different
At Sheet Metal Workers Local 20 Benefit Funds, our work is never just about numbers-it's about the people behind them. We serve 3,500+ active members, 1,500+ retirees, and nearly 2,100 pension plan participants and beneficiaries who have spent their careers building America's infrastructure. As our Pension Claims Processor, you will be their trusted guide through the retirement process, ensuring they receive the benefits they've earned-accurately, on time, and with genuine care.
What Makes This Opportunity Stand Out
  • Competitive Salary: commensurate with experience
  • 100% Employer-Paid Health Insurance (including full family coverage)
  • Defined Benefit Pension Plan (employer-funded)
  • 401(k) with 3% Employer Match
  • Health Reimbursement Account (HRA)
  • Paid Time Off and Paid Holidays
Small, collaborative team environment with direct impact on real families
About Sheet Metal Workers Local 20 Benefit Funds
We manage comprehensive benefit programs-including health, pension, and annuity funds-for sheet metal workers and their families across our coverage area. Our team is small but growing, and every member plays a meaningful role in protecting the financial security of the members we serve.
What You'll Do
As our Pension Claims Processor, you will serve as the primary day-to-day contact for plan participants, guiding them through the retirement process with expertise and care. Your core responsibilities include:
Participant Services & Retirement Processing
  • Serve as the primary point of contact for plan participants regarding pension inquiries, application status, and benefit information
  • Review, evaluate, and process retirement, disability, and survivor benefit applications in accordance with plan rules and governing documents
  • Verify participant eligibility, perform benefit calculations, and prepare written correspondence and award notices
  • Guide participants through application requirements, payment options, and plan provisions with a service-oriented approach
  • Respond to participant inquiries in a timely, accurate, and professional manner, both verbally and in writing

Plan Administration & Recordkeeping
  • Maintain and update participant records in pension administration systems, ensuring accuracy and completeness
  • Coordinate with contributing employers to reconcile contribution data and resolve discrepancies affecting participant eligibility or benefit calculations
  • Process Qualified Domestic Relations Orders (QDROs), beneficiary designations, and participant status changes
  • Prepare and distribute required plan notices and correspondence to participants and beneficiaries

Compliance & Regulatory Support
  • Support annual actuarial valuations, external audits, and government filings, including Form 5500 preparation
  • Assist with internal controls, plan governance documentation, and compliance recordkeeping
  • Remain current on ERISA regulations, pension laws, and plan document updates affecting participant administration

What We're Looking For
Required Qualifications
  • Minimum of 5 years of experience administering Defined Benefit pension plans; Taft-Hartley or multiemployer plan experience strongly preferred
  • Demonstrated knowledge of ERISA, pension regulations, and plan document interpretation
  • Proficiency with pension administration software and Microsoft Office Suite (Excel, Word)
  • Strong analytical and mathematical skills, including the ability to calculate complex benefit formulas
  • Exceptional attention to detail and accuracy, with the ability to manage high volumes under deadline pressure
  • Strong verbal and written communication skills; ability to explain complex benefit information clearly to diverse audiences
  • Demonstrated ability to handle confidential participant information with integrity and discretion

Preferred Qualifications
  • Experience with union trust funds or employee benefits administration firms
  • Professional designations such as CEBS, ASPPA credentials, or related certifications-or willingness to pursue
  • Familiarity with Taft-Hartley industry practices and multiemployer plan governance

Personal Qualities We Value
  • Service-Oriented: You approach every interaction with patience, empathy, and professionalism
  • Detail-Driven: You hold yourself to the highest standard of accuracy-because the people depending on you deserve nothing less
  • Adaptable: Comfortable navigating the unique dynamics of a union environment with diverse stakeholders
  • Collaborative: A team player who communicates well across all levels of the organization
  • Analytical: Able to interpret complex plan documents, regulations, and financial data with confidence

Ready to Make a Difference?
Join a team where specialized expertise meets genuine human impact. This isn't just a pension processing role-it's an opportunity to be a trusted advocate for workers and families who have earned every benefit they receive. Apply now!
Sheet Metal Workers Local 20 Benefit Funds is an affirmative action employer committed to diversity and inclusion. We encourage applications from all qualified candidates regardless of gender, race, ethnicity, age, sexual orientation, marital status, religion, or disability.