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Pension Calculation Jobs (NOW HIRING)

Robert Half

Pension Administrator

Fort Lauderdale, FL · On-site

$50K - $62K/yr

We are looking for a bilingual Pension Administrator to support retirement plan participants and ... Prepare benefit calculations and retirement-related figures using internal tools and software ...

The LaSalle Group

Pension Analyst

Chicago, IL · On-site

$25 - $30/hr

This Pension Analyst position offers the opportunity to support a mission-driven benefits organization while gaining hands-on experience in pension administration, financial calculations, and ...

Nestle

US Retirement Consultant

Solon, OH · Hybrid

Own key annual activities and assigned pension controls such as PBGC filings, 5500 counts, RMD reviews, and Pension Calculation audits to ensure accuracy * Lead complex data reviews and clean-up ...

Next Generation Inc

Peoplesoft Integrator

New York, NY · On-site

$125 - $140/hr

Design and implement new pension calculations, estimates, and workflows to ensure accuracy, compliance, and security. * Support and maintain customizations required to meet pension legislation, tier ...

Next Generation Inc

Peoplesoft Integrator

New York, NY

$125 - $140/hr

Design and implement new pension calculations, estimates, and workflows to ensure accuracy, compliance, and security. * Support and maintain customizations required to meet pension legislation, tier ...

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Pension Calculation information

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$15

$25

$39

How much do pension calculation jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for pension calculation 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.

What is a typical pension calculation?

A pension calculation typically involves determining the retirement benefit based on factors such as years of service, salary history, and a predetermined accrual rate. Pension administrators often use formulas that multiply these factors to estimate the final benefit, which may be adjusted for early or late retirement. Accurate calculation requires understanding of pension plan rules and may involve specialized software or tools.

What does a pension calculation specialist do?

A Pension Calculation Specialist is responsible for determining the retirement benefits that employees are entitled to receive from their pension plans. They analyze employee data, apply plan rules, and ensure calculations comply with legal and regulatory standards. Their work is essential for providing accurate benefit statements and helping retirees understand their pension options. They often collaborate with HR departments, actuaries, and plan participants to resolve discrepancies and answer questions.

What is the difference between Pension Calculation vs Pension Administrator?

AspectPension CalculationPension Administrator
Primary RoleCalculates pension benefits based on data and formulasManages and processes pension plans, including calculations
Required SkillsMathematical, analytical, knowledge of pension formulasAdministrative, communication, data management
Work EnvironmentFinance or actuarial departmentsHR or pension department
CertificationsActuarial or financial certifications often preferredAdministrative or pension-specific certifications

While Pension Calculation focuses on determining pension benefits using formulas and data analysis, Pension Administrator oversees the entire pension process, including calculations, record-keeping, and customer service. Both roles require understanding pension plans, but their responsibilities differ significantly.

What are some common challenges faced in a pension calculation role and how can they be managed?

Professionals in Pension Calculation often encounter challenges such as interpreting complex plan documents, managing frequent regulatory updates, and ensuring absolute accuracy in calculations. Staying current with pension laws and plan amendments is crucial, as errors can significantly impact both the employer and the plan participants. To manage these challenges, it's helpful to develop strong attention to detail, collaborate closely with actuaries and benefits administrators, and leverage specialized pension software tools. Regular training and open communication within the team also contribute to maintaining high standards and reducing mistakes.

What are the key skills and qualifications needed to thrive as a pension calculation specialist, and why are they important?

To thrive as a Pension Calculation Specialist, you need strong mathematical aptitude, attention to detail, and a solid understanding of pension plan regulations, often supported by a degree in finance, mathematics, or a related field. Familiarity with pension administration software, Excel, and sometimes actuarial tools or relevant certifications is typically required. Excellent analytical thinking, problem-solving abilities, and effective communication skills help you interpret complex data and explain pension calculations to clients or colleagues. These competencies are essential to ensure accurate benefit calculations, regulatory compliance, and clear communication with plan participants.
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Pension Calculation jobs near you
Infographic showing various Pension Calculation job openings in the United States as of August 2026, with employment types broken down into 81% Full Time, and 19% Part Time. Highlights an 91% Physical, 5% Hybrid, and 4% Remote job distribution, with an average salary of $53,551 per year, or $25.7 per hour.

Pension Outsourcing Calculation- Associate Manager

Willis Towers Watson

Dallas, TX • On-site

$65K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 6 days ago

Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

38th of 150 rated financial services

Job description


In this challenging role as a Pension Outsourcing Benefits (Calculation)- Associate Manager, you will contribute as part of a team to the entire range of retirement administration activities, primarily focused on complex pension calculations and other related activities. If you're looking for an exciting role, with one of the leaders in the defined benefit outsourcing business and the opportunity to grow and develop your career, apply now!
In this role you will serve as a technical leader and subject matter expert to the internal team and our clients, trouble shoot issues, create client deliverables, contribute to client management and participate in the creation of new intellectual capital.
The Role
  • Enhance your knowledge of all aspects of retirement plan administration
  • Enjoy a well-defined career path with opportunities for growth and advancement
  • Leverage the most cutting-edge tools and resources and some of the world's experts in retirement plan design, management and pension administration
  • Deliver superior, consistent client management and deliverables in support of a Director for assigned clients:
  • Serve as primary, daily contact to clients on delivery of calculation related issues services and raise appropriate issues to Directors
  • Interface with colleagues from other practices and regions on assignments that reflect the client's broader business issues
  • Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
  • Manage a diverse set of pension administration services individually and through team initiatives
  • Review complex pension benefit calculations in accordance with plan provisions, Internal Revenue Code, ERISA, and other legal regulations (e.g. transfers, QDRO's)
  • Review pension benefit commencement packages
  • Ensure that work of self and team is delivered in accordance with professional and work excellence standards
  • Deliver formal and informal process training to both team members and client contacts

Qualifications
The Requirements
  • Bachelor's degree or prior benefits administration experience required.
  • 5 or more years' of calculation experience in administration of defined benefit plans, preferably gained in a benefits consulting environment; experience in implementation of pension outsourcing processes a plus
  • Must have experience collaborating with other colleagues in different countries
  • Excellent written and verbal communication skills
  • Proven experience successfully managing multiple team projects simultaneously and producing quality deliverables on time and within budget
  • Experience mentoring and developing junior staff
  • Demonstrated success in managing client issues and relationships with some experience in growing relationships with current clients
  • Strong interpersonal and team skills
  • Flexibility and proven ability to diagnose and resolve issues; strong client service orientation
  • Proficient in Microsoft Office Excel
  • Ability to work independently and on client teams in a fast-paced environment
  • Sense of accountability; owning one's work and taking pride in it
  • Self-motivated
  • Ability to travel and work extended hours as needed.

Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.
Compensation
The base salary compensation range being offered for this role is $65,000-$90,000 USD per year.
This role is also eligible for an annual short-term incentive bonus
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
EOE, including disability/vets

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