Pension Benefit Analyst information
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$38.5K - $45.3K
5% of jobs
$55.8K is the 25th percentile. Wages below this are outliers.
$52K - $58.8K
15% of jobs
$58.8K - $65.6K
13% of jobs
The median wage is $68.7K / yr.
$65.6K - $72.4K
13% of jobs
$72.4K - $79.1K
16% of jobs
$80.5K is the 75th percentile. Wages above this are outliers.
$79.1K - $85.9K
12% of jobs
$85.9K - $92.7K
7% of jobs
$92.7K - $99.5K
2% of jobs
$99.5K - $106.2K
4% of jobs
$106.2K - $113K
2% of jobs
How much do pension benefit analyst jobs pay per year?
As of Sep 6, 2026, the average yearly pay for pension benefit analyst in the United States is $72,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $82,500.00 per year, depending on experience, location, and employer.
Pension Benefit Analysts are professionals who evaluate and administer pension plans to ensure employees receive the benefits they are entitled to upon retirement. They review plan documents, calculate benefit amounts, process claims, and ensure compliance with relevant laws and regulations. Pension Benefit Analysts often work for government agencies, private companies, or consulting firms, and play a critical role in helping employees understand their retirement benefits.
To thrive as a Pension Benefit Analyst, you need a solid understanding of pension plan regulations, financial analysis, and experience with benefits administration, usually supported by a degree in finance, accounting, or a related field. Familiarity with pension administration software, Excel, and knowledge of ERISA or other relevant compliance standards are typically required. Strong analytical skills, attention to detail, and effective communication help analysts interpret complex data and explain benefits clearly to clients or participants. These competencies ensure accurate plan administration, regulatory compliance, and high-quality service for plan members and sponsors.
Pension Benefit Analysts frequently encounter intricacies in plan documents due to varying plan designs, amendments, and regulatory updates. Interpreting these documents requires attention to detail and a solid understanding of ERISA and IRS guidelines. Analysts often need to clarify ambiguous language, reconcile conflicting provisions, and ensure calculations comply with both legal requirements and company policies. Collaboration with legal teams or plan administrators is common to resolve uncertainties and deliver accurate benefit determinations.
Pension benefit analysts in the US typically earn an average salary ranging from $60,000 to $85,000 per year, depending on experience, location, and certifications. Entry-level analysts may start at lower salaries, while experienced professionals with specialized skills can earn over $100,000 annually.
To become a pension benefit analyst, candidates typically need a bachelor's degree in finance, accounting, or a related field. Gaining experience with pension plans, actuarial concepts, and proficiency in data analysis tools like Excel or specialized pension software is important; professional certifications such as the Certified Employee Benefits Specialist (CEBS) can also enhance job prospects.
A pension benefit analyst evaluates and administers pension plans, ensuring accurate calculation of benefits and compliance with regulations. They analyze data, review plan documents, and may use actuarial software to determine benefit payouts, often working closely with HR and finance teams.
What cities are hiring for Pension Benefit Analyst jobs?
Cities with the most Pension Benefit Analyst job openings:
What are the most commonly searched types of Pension Benefit Analyst jobs?
The most popular types of Pension Benefit Analyst jobs are: