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Pension Calculation Jobs (NOW HIRING)

Deloitte

Product Specialist Pension

Boston, MA · Remote

Defining and maintaining benefit calculation requirements, service purchase and buyback rules, and annuity options, including survivor benefit elections * Developing end-to-end pension process flows ...

Deloitte

Product Specialist Pension

Lake Mary, FL · Remote

Defining and maintaining benefit calculation requirements, service purchase and buyback rules, and annuity options, including survivor benefit elections * Developing end-to-end pension process flows ...

Deloitte

Product Specialist Pension

Mclean, VA · Remote

Defining and maintaining benefit calculation requirements, service purchase and buyback rules, and annuity options, including survivor benefit elections * Developing end-to-end pension process flows ...

Deloitte

Product Specialist Pension

Raleigh, NC · Remote

Defining and maintaining benefit calculation requirements, service purchase and buyback rules, and annuity options, including survivor benefit elections * Developing end-to-end pension process flows ...

Deloitte

Product Specialist Pension

Arlington, VA · On-site

Defining and maintaining benefit calculation requirements, service purchase and buyback rules, and annuity options, including survivor benefit elections * Developing end-to-end pension process flows ...

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 ...

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 · 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 ...

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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 Jul 2, 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.

How to get 50,000 monthly pension?

A pension calculation professional can help determine how to achieve a 50,000 monthly pension by assessing factors such as contribution amounts, investment returns, and retirement age. Typically, reaching this level requires consistent contributions over a long period, investment growth, and possibly additional savings or pension plans. Familiarity with financial planning tools and pension regulations is essential for accurate calculations.

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.

How much is a $100,000 per year pension worth?

A pension of $100,000 per year is typically valued based on factors like the expected duration of payments, discount rate, and inflation adjustments. Using a common discount rate of 3-4%, the present value of such a pension could range from approximately $2.5 million to $3.3 million. Pension valuation often requires actuarial calculations and understanding of specific plan terms.

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.

What jobs pay you a pension?

Jobs in the public sector, such as government employees, teachers, and police officers, often offer pension plans as part of their benefits. Many large corporations and unionized roles also provide pensions, especially for long-term employees, while private sector jobs increasingly favor retirement savings plans like 401(k)s over traditional pensions.

How much will I get from a $100,000 pension?

The amount a pension pays from a $100,000 fund depends on factors such as the pension plan type, payout options, interest rates, and the age at retirement. Typically, pension plans convert the lump sum into regular payments based on life expectancy and actuarial calculations. Consulting with a financial advisor or pension administrator can provide a more precise estimate tailored to your specific plan and circumstances.
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Pension Calculation jobs near you
Infographic showing various Pension Calculation job openings in the United States as of June 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 78% Physical, 3% Hybrid, and 19% Remote job distribution, with an average salary of $53,551 per year, or $25.7 per hour.

Java J2EE- Insurance - Defined Pension Plan - Retirement Systems

Gamen Group

Chicago, IL • On-site

Full-time

Posted 12 days ago

Job description

Are you committed to delivering efficient and elegant technology-based solutions? Our client is committed to continuously improving organizational practices. If you have passion AND the following skills, please contact us!


Those with demonstrated proficiency in the defined benefit pension plan administration space, specifically in the area of retirement calculations, multiple plans, multiple employers, and benefit estimates.

Desired Skills & Experience


  • Demonstrated proficiency with pension calculation concepts such as understanding calculation variations by plan, service variations, factors, final rate of earnings, cost of living adjustments, variable vesting, variable beneficiary rules

  • Demonstrated proficiency in general public sector benefit eligibility determination and calculation of benefit amounts

  • Past experience working on large software system implementations preferably for retirement systems

  • Conduct requirements gathering and analysis sessions with clients

  • Facilitate Joint Application Design (JAD) or other design sessions with clients

  • Write use cases, creating process flows, and/or creating system architecture diagrams and sequence documents

  • Translate requirements into functional design documents

  • Exposure to one or more of the following methodologies: CMM, CMMI, Six Sigma, PMBOK

  • Design screen layouts and navigational flows

  • Develop design specifications for correspondence, reports, and/or interfaces

  • Past experience working with relational databases

  • Write test cases and creating test scenario

  • Ability to develop training materials and to conduct end-user training

  • Lead teams while working through all phases of the Software Development Life Cycle

  • Plan scope and work effort and scheduling of work on a systems implementation project



In addition, successful practitioners will have the following preferred background:



  • Experience conducting interviews with key stakeholders to understand and document the current business process

  • Experience facilitating Joint Application Design sessions

  • Experience defining future state business process

  • Experience planning, tracking and delivering projects using Microsoft Project and documenting processes in Microsoft Visio

  • Ability to work independently and manage multiple task assignments

  • Strong oral and written communication skills

  • Strong presentation and facilitation skills including development and delivery of Microsoft PowerPoint presentations

  • Strong problem solving and troubleshooting skills with the ability to exercise mature judgment

  • Eagerness to mentor and grow junior staff

  • A Bachelor's Degree in a relevant field