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Pension Calculation Jobs (NOW HIRING)

Next Generation, Inc.

Peoplesoft Integrator

New York, NY · On-site

$125 - $140/hr

  • Retirement

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

  • Retirement

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 ...

WPAS Inc

Pension Supervisor

Los Angeles, CA · On-site

$75K - $85K/yr

Pension Supervisor Overview: Under limited supervision, the Pension Supervisor will work with the ... Computes and analyzes complex retirement scenarios, to include benefit calculations * Sets up ...

Posted today

Paramount

Manager, Pension Administration

Manhattan, NY · On-site

$110K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Day-to-day duties and responsibilities will include: - Implement policies and procedures for Paramount Global's pension plans. - Perform complex manual benefit calculations supporting both US and non ...

Paramount

Manager, Pension Administration

Manhattan, NY · On-site +1

$110K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Day-to-day duties and responsibilities will include: - Implement policies and procedures for Paramount Global's pension plans. - Perform complex manual benefit calculations supporting both US and non ...

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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.

Peoplesoft Integrator

Next Generation, Inc.

New York, NY • On-site

$125 - $140/hr

Full-time

Retirement

Re-posted 4 days ago

Job description

Job Title: PeopleSoft Pension Integrator / Support Analyst
Job Summary:
Next Generation, Inc., an Equal Opportunity Employer, is seeking an experienced PeopleSoft Pension Integrator / Support Analyst to support critical initiatives within a highly customized PeopleSoft Pension Administration environment for a large, regulated public-sector pension system. This role will focus on enhancing, supporting, and integrating complex pension processes, ensuring compliance with legislative, regulatory, and collective bargaining requirements while maintaining high system performance and data integrity.
Key Responsibilities:
  • Enhance, modify, and troubleshoot existing pension administration processes within PeopleSoft HCM.
  • 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 structures, regulatory mandates, and union contract rules.
  • Configure and maintain pension rules including:
    • Eligibility and participation
    • Service and contribution consolidation (hours, earnings, contributions)
    • Vesting rules
    • Benefit formulas and optional payment forms
  • Support the integration of PeopleSoft Pension Administration with other PeopleSoft HCM modules and external bolt-on applications, including pension loan administration systems.
  • Maintain and optimize converted legacy pension data within a centralized, highly customized PeopleSoft environment.
  • Provide production support, issue resolution, testing, and documentation for pension system enhancements and upgrades.
  • Collaborate with business stakeholders, actuaries, payroll, and IT teams to translate requirements into technical solutions.

Required Qualifications:
  • Bachelor's degree in Computer Science, Information Systems, Finance, Mathematics, or related discipline (or equivalent experience).
  • 3+ years of hands-on experience as a PeopleSoft Pensions Application Integrator and Support Analyst.
  • Strong functional and technical understanding of PeopleSoft Pension Administration and HCM integrations.
  • Demonstrated ability to work independently and in team-based environments.
  • Excellent communication, documentation, and problem-solving skills.
  • Strong sense of ownership, accountability, and initiative.
  • 10+ years of hands-on PeopleTools experience
  • 10+ years of hand-on PeopleCode experience
  • Application Engine
  • Component Interface
  • SQR
  • XML / BI Publisher
  • COBOL
  • PeopleSoft Integration Broker (preferred)

Preferred Experience:
  • Public sector or large unionized workforce pension systems
  • Highly customized PeopleSoft environments
  • Regulatory compliance and audit support
  • Pension calculations, service credit, vesting, and benefit modeling

Job Benefits:
• Competitive hourly rate range based on experience and education of approximately $125 to $140 per hour

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