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Pension Director Jobs (NOW HIRING)

Pension Administrator

Hoffman Estates, IL · On-site

$28.42 - $33.44/hr

This individual will have direct contact with our third-party pension provider regarding pension issues, with terminated/retired employees regarding pension issues. This individual will oversee daily ...

Pension Claims Processor ID: 1087 Client: Sheet Metal Workers Local 20 Benefit Plans Job Type ... Paid Time Off and Paid Holidays Small, collaborative team environment with direct impact on real ...

Pension Claims Processor Indianapolis, Indiana Full-Time * Are you a detail-oriented benefits ... Paid Time Off and Paid Holidays Small, collaborative team environment with direct impact on real ...

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Pension Director information

See salary details

$23.5K

$121.5K

$189.5K

How much do pension director jobs pay per year?

As of Jun 15, 2026, the average yearly pay for pension director in the United States is $121,522.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,000.00 and $147,500.00 per year, depending on experience, location, and employer.

Is 100k in pension at 40 good?

A pension balance of $100,000 at age 40 can be considered a solid foundation, especially if contributions are ongoing and investment growth continues. Pension directors and financial planners often recommend saving consistently and diversifying investments to ensure adequate retirement funds over time.

What is a $100,000 per year pension worth?

A pension director evaluating a $100,000 annual pension should consider the present value of future payments, which depends on factors like interest rates, inflation, and the pension's payout schedule. Typically, the value is calculated using discount rates to determine its current worth, helping in financial planning and decision-making.

What are the primary challenges faced by a Pension Director in managing organizational pension plans?

One of the main challenges for a Pension Director is ensuring ongoing compliance with evolving government regulations and adapting to changes in retirement laws. Pension Directors must also balance the financial health of the plans with organizational constraints, requiring both proactive risk management and strategic decision-making. Regular collaboration with HR, finance teams, and external advisors is essential to address employee inquiries, optimize investment strategies, and handle complex plan designs. Staying current with industry trends and legislative updates is crucial to managing these responsibilities effectively and ensuring plan participants' security.

How to get 50,000 pension per month?

A Pension Director manages pension schemes and strategies, but achieving a monthly pension of 50,000 typically requires accumulating significant retirement savings through consistent contributions, investment growth, and possibly working in senior roles with high compensation. Planning for such a pension involves understanding pension fund management, investment options, and early retirement planning, often supported by professional financial advice and relevant certifications.

What does a Pension Director do?

A Pension Director oversees the management and administration of an organization's pension plans, ensuring compliance with legal regulations and fiduciary responsibilities. They develop strategies for pension fund investments, coordinate with financial advisors, and manage risk to ensure plan sustainability. Additionally, they communicate with employees and retirees about their benefits and any plan changes. Their role is crucial in ensuring financial security for plan participants while maintaining the organization's financial health.

Which job pays the highest pension?

Pension Directors or senior pension fund managers often receive the highest pensions among pension-related roles due to their seniority, experience, and responsibility for managing large funds. Their compensation packages typically include substantial pension benefits, especially in large financial institutions or government agencies. However, pension amounts vary based on the organization, years of service, and pension plan specifics.

What are the key skills and qualifications needed to thrive in the Pension Director position, and why are they important?

To thrive as a Pension Director, you need deep expertise in pension plan administration, actuarial analysis, and regulatory compliance, typically supported by a degree in finance, business, or a related field. Familiarity with pension management software, financial modeling tools, and certifications such as CEBS (Certified Employee Benefit Specialist) or ASPPA credentials are common requirements. Exceptional leadership, communication, and strategic planning skills help you effectively guide teams and liaise with stakeholders. These skills are crucial for ensuring the financial integrity, legal compliance, and long-term sustainability of organizational pension plans.

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Pension Administrator

Pension Administrator

The Salvation Army

Hoffman Estates, IL • On-site

$28.42 - $33.44/hr

Full-time

Posted 12 days ago


Salvation Army rating

6.2

Company rating: 6.2 out of 10

Based on 344 frontline employees who took The Breakroom Quiz

473rd of 682 rated non-profit organizations


Job description

Join a mission-driven organization where accuracy, service, and stewardship make a lasting impact. The Salvation Army is seeking a detail-oriented Pension Administrator to manage pension operations, support payroll processes, and serve as a trusted resource for employees and retirees. In this critical role, you will help ensure the integrity of retirement benefits while providing exceptional support to those who have dedicated their careers to serving others. If you thrive in a collaborative environment, enjoy working with complex financial processes, and are passionate about making a difference behind the scenes, we invite you to apply.

The Salvation Army Mission:

The Salvation Army, an international movement, is an evangelical part of the universal Christian church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.

Compensation Range:$28.42 to $33.44/hourly, based onexperience.

Job Objective:

The Pension Administrator is the primary individual to process and research pension items between individuals or Territorial Headquarters (THQ)/Divisional Headquarters (DHQ)/Adult Rehabilitation Center Command (ARCC). This individual will have direct contact with our third-party pension provider regarding pension issues, with terminated/retired employees regarding pension issues. This individual will oversee daily pension issues, prepare, submit and reconcile pension journals, serve as primary backup person to the Payroll Administrator and will be responsible for weekly payroll duties as assigned.

Essential Functions:

This job description should not be interpreted as all inclusive. It is intended to identify the essential functions and requirements of the position. Other job-related responsibilities and tasks may be assigned. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.

  • Prepare quarterly pension filing
  • Prepare and reconcile quarterly pension journals
  • File appropriate pension reports with Third-Party Pension Administrator and send out quarterly pension reports to the commands
  • Oversee daily pension issues
  • Process all pension Qualified Domestic Relations Order (QDRO) issues
  • Process pension plan invoices
  • Assist the accountants with the periodic reconciliation of the pension G/L accounts
  • Calculate/verify past contributions and compound interest
  • Liaison with current and former employees regarding pension issues
  • Direct contact with Third-Party Pension Administrator regarding pension issues
  • Direct contact with terminated/retired employees regarding pension issues
  • Maintain pension files and scan historical pension files
  • Oversee USC THQ Pension Mailbox
  • Backup Payroll Administrator
  • Review/validate payroll entries before transmission
  • Primary payroll transmission on at least 6 Officer/Employee payroll and 1 Retired Officer Payroll per year
  • Assist with processing quarterly Officer tax grant payments and annual taxable expenses
  • Assist in maintaining the timekeeping payroll system
  • Maintain and apply current pension, payroll & payroll tax standards
  • Assist in the mailroom according to the rotation schedule

Minimum Qualifications:

The requirements listed below are representative of the minimal knowledge, skills, and/or abilities required for this position.

Education & Certification:

  • High School Diploma or equivalent required
  • Associate degree in Business preferred

Experience:

Minimum of 3 years previous payroll processing preferred or any equivalent combination of training and experience which provides the required knowledge, skills and abilities to perform required duties.

Skills:

  • Ability to speak, read, and write English in a manner that is sufficient for effective communication with supervisors, employees, beneficiaries and customers; and to perform the requirements of this job
  • Intermediate Excel Skills

Supervisory Responsibility:

None

Physical Requirements:

Good speaking, hearing and vision ability, and excellent manual dexterity. Lifting, pulling and pushing of materials up to 25 pounds. Requires bending, squatting and walking. May stand for extended periods.

Travel:

None

Working Conditions:

Work is performed in a typical office environment. Full-time position may require some weekend and evening work and travel.


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About Salvation Army

Sourced by ZipRecruiter

The Salvation Army, an international movement, is an evangelical part of the universal Christian Church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.

Industry

Non-profits, retail, amusement, gambling, and recreation and religious organizations

Company size

5,001 - 10,000 Employees

Headquarters location

Alexandria, VA, US