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Pension Calculation Jobs (NOW HIRING)

System One

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Pension Administrator

San Antonio, TX · On-site

$48/hr

Answer pension inquiries from internal and external customers, including eligibility, calculations, and the retirement process. · Coordinate with the pension team, third-party administrators ...

Bolton Partners Inc

Pension Analyst

Towson, MD · Hybrid

$55K - $70K/yr

You will build foundational skills in benefit calculations, participant communication, and defined benefit pension regulations. The ideal candidate likes working with numbers, reviewing plan ...

Bolton Partners Inc

Pension Analyst

Towson, MD · On-site

$55K - $70K/yr

You will build foundational skills in benefit calculations, participant communication, and defined benefit pension regulations. The ideal candidate likes working with numbers, reviewing plan ...

Bolton Partners Inc

Pension Analyst

Towson, MD · On-site

$55K - $70K/yr

You will build foundational skills in benefit calculations, participant communication, and defined benefit pension regulations. The ideal candidate likes working with numbers, reviewing plan ...

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 ...

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 Jun 5, 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 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 May 2026, with employment types broken down into 1% As Needed, 93% Full Time, and 6% Part Time. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $53,551 per year, or $25.7 per hour.
Benefits Pension Analyst

Benefits Pension Analyst

Managed Care Staffers

Schaumburg, IL • On-site

$25/hr

Full-time

Medical, PTO

Posted 8 days ago

Job description

Experienced Temp to Hire F/T Defined Benefits Pension Analyst Needed to Work in Schaumburg, IL

Our client, a busy and growing TPA located in Schaumburg, Illinois, is currently looking to hire an experienced full-time Defined Benefits Pension Analyst. You must have at least 2 years of defined pension benefits work experience.

This is a fully onsite full-time position working Monday-Friday from (8:00am to 5:00pm) for a total of 40 hours paid per week.

Job Responsibilities

  • You will be the primary point of contact for inquiries related to pension benefits, eligibility. retirement planning options, etc.
  • Verify and process pension and annuity applications, and related documents.
  • Answer all members’ and pensioners’ inquiries via phone, through email, or in person.
  • Prepare member pension applications, statements, and estimates.
  • Maintain participant and retiree records related to pension eligibility.
  • Assist with month-end balancing and issuing monthly benefit payments to retirees.
  • Keep up-to-date records for deceased retirees, spouses, and beneficiaries, overpayment recovery, and correspondence with survivors/family with benefits information.
  • Update and work with the Health & Welfare Department as needed.
  • Review Plan Documents, Summary Material Modifications (SMMs), and Summary Plan Descriptions (SPDs) to gain a solid understanding of each plan.
  • Track all missing participants and our attempts to locate them.

Job Requirements

  • At least 2 years of recent and related work experience with defined pension benefits, pension processing, or pension administration.
  • At least 2 years of pension calculations and enrollment experience is required.  
  • A High School Diploma is required.
  • Preferred knowledge of multi-employer pension plans, specifically defined benefits, and defined contribution plans.
  • Exceptional interpersonal, customer service, and communication skills.
  • Must be detail-oriented, have the ability to multitask, and have excellent time management skills.
  • Microsoft Office and technical computer proficiency.

If you or anyone you know is interested, qualified, and currently seeking employment please send an updated resume to us for immediate review and consideration.

Company Description

We are employment specialists who have worked in heath care and managed care industry for over a total of 25 years. We staff temp, temp to hire, and direct hire placements