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Pension Benefit Manager Jobs (NOW HIRING)

ADP, Inc.

Benefit Specialist - Pension

Cypress, CA · On-site

$80K - $110K/yr

The Benefits Specialist-Pension is responsible for the financial reconciliation and month-end ... Management reserves the right to assign additional responsibilities as needed to meet operational ...

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Pension Analyst

Chicago, IL · On-site

$50K - $65K/yr

Mostly Remote Temp-to-Hire F/T Experienced Pension Analyst Needed in Chicago Near Chinatown Our ... Certified Employee Benefit Specialist (CEBS) and Project Management certification is preferred.

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Jepsen Investments, Inc.

Pension Analyst

Chicago, IL · On-site

Certified Employee Benefit Specialist (CEBS) and Project Management certification is preferred ... How many years of pension calculations experience do you have? Do you have a Bachelor's Degree ...

Jepsen Investments, Inc.

Pension Analyst

Chicago, IL · Remote

$50K - $65K/yr

Certified Employee Benefit Specialist (CEBS) and Project Management certification is preferred ... How many years of pension benefits administration experience do you currently have? * How many ...

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Pension Benefit Manager information

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$38.5K

$88.3K

$141K

How much do pension benefit manager jobs pay per year?

As of Sep 13, 2026, the average yearly pay for pension benefit manager in the United States is $88,326.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $104,500.00 per year, depending on experience, location, and employer.

What is the difference between Pension Benefit Manager vs Pension Analyst?

AspectPension Benefit ManagerPension Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CEBS or PBM are commonUsually holds a bachelor's degree in finance, economics, or related area; certifications are less common
Work EnvironmentManages pension plans, oversees compliance, and coordinates with HR and finance teamsAnalyzes pension data, prepares reports, and supports benefit calculations
Employer & Industry UsageFound in insurance companies, pension funds, and large corporationsEmployed in financial services, consulting firms, and corporate HR departments

The Pension Benefit Manager focuses on overseeing pension plans, ensuring compliance, and managing benefit administration, while the Pension Analyst primarily analyzes pension data, supports calculations, and prepares reports. Both roles require related financial knowledge but differ in responsibilities and seniority level.

What cities are hiring for Pension Benefit Manager jobs?

Cities with the most Pension Benefit Manager job openings:

What are popular job titles related to Pension Benefit Manager jobs?

For Pension Benefit Manager jobs, the most frequently searched job titles are:

Benefit Specialist - Pension

Cypress, CA • On-site

Southern California United Food & Commercial Workers Unions and
See more jobs at Southern California United Food & Commercial Workers Unions andexternal

$80K - $110K/yr

Full-time

Retirement

Posted 9 days ago

Job description

SUMMARY: The Benefits Specialist-Pension is responsible for the financial reconciliation and month-end balancing of all pension benefit payments issued by the Fund. This role ensures the accuracy and integrity of pension payables to retirees, beneficiaries, and alternate payees. The position is not participant-facing and focuses exclusively on financial reconciliation, payment accuracy, tax reporting integrity, overpayment tracking, and compliance-related adjustments.


ESSENTIAL DUTIES AND RESPONSIBILITIES:

Management reserves the right to assign additional responsibilities as needed to meet operational requirements.

  1. Reconcile all monthly pension payroll totals, including new awardees and existing payees.
  2. Balance gross benefit payments, tax withholdings, levies, adjustments, and net disbursements.
  3. Validate totals against system-generated reports and general ledger records.
  4. Ensure accurate integration of new awards into ongoing pension payroll.
  5. Prepare detailed reconciliation schedules to support month-end close.
  6. Maintain tracking logs for pension overpayments.
  7. Monitor participants on repayment plans, including those related to suspensible employment (working over allowable hours).
  8. Reconcile repayment activity against outstanding balances.
  9. Track benefit suspensions, recoupments, and reinstatements for financial accuracy.
  10. Coordinate with Pension Management to ensure proper financial recording of recoupment activity.
  11. Provide periodic reporting on outstanding overpayment balances, process and reconcile federal and state tax withholdings, IRS levies and garnishments, court-ordered payments and benefit adjustments and retroactive corrections.
  12. Ensure all financial changes are accurately reflected in payroll and accounting records.
  13. Investigate and resolve payment discrepancies.


EDUCATION and/or EXPERIENCE: 

  1. High School diploma or GED required. 
  2. Associate’s or bachelor’s degree in Accounting, or related field or a combination of education and experience. 
  3. 2+ years of experience in pension administration preferred.
  4. 2+ years of Pension & Reconciliation experience, preferably within a pension plan.
  5. Experience in financial reconciliation, payroll balancing, or accounting support preferred.
  6. Strong understanding of general ledger and reconciliation processes.
  7. High level of accuracy and attention to detail.
  8. Advanced Excel proficiency.
  9. Ability to manage large volumes of financial data.
  10. Prior experience in pension administration, multiemployer plans, or Taft-Hartley environment preferred.
  11. Familiarity with suspendible employment rules or benefit recoupment processes preferred.
  12. CEBS certification is required. If not currently obtained, employees must complete the certification within two years of employment and fulfill all continuing education requirements necessary to maintain the certification.

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