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Pension Director Jobs (NOW HIRING)

The Supervisor will proactively identify service, quality, and operational improvement opportunities and present recommendations to the Pension Director or manager to enhance member experience ...

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Pension Director information

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$23.5K

$121.5K

$189.5K

How much do pension director jobs pay per year?

As of Jun 9, 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.

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.

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.

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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Job description

Description

Maryland Transit Administration

Pension Director

Fiscal Services Administrator V (7212)

Executive Service

This position serves at the pleasure of the appointing authority

Open to all qualified applicants

Bilingual applicants are encouraged to apply

Are you seeking a job where your work is rewarding and provides excellent benefits?


The Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) invites you to apply for a key leadership opportunity that plays a critical role in ensuring the fiscal responsibility, compliance, and long-term sustainability of MDOT MTA's pension operations. We are seeking a dynamic and experienced professional to serve as Pension Director within our Finance Department.


The Pension Director reports to the Deputy Chief Financial Officer (Deputy CFO) and is responsible for overseeing and directing the administration of the MDOT MTA Union Pension Plan. The Pension Director provides strategic leadership and operational oversight for a defined benefit pension plan covering approximately 3,000 active union employees and over 2,000 retirees receiving monthly benefits.


The Pension Director manages the end-to-end pension administration process, ensuring compliance with all applicable federal, state, and collective bargaining requirements. This position serves as the agency's subject matter expert on pension matters, providing guidance to internal staff, retirees, and union members, while also representing MDOT MTA in external forums, including the Pension Board and intergovernmental meetings. The Pension Director works in close collaboration with Payroll, Human Resources, Accounting, Benefits, IT, and external partners, including actuaries and auditors, to ensure accurate and timely pension operations.


This position is also responsible for leading initiatives to enhance pension administration processes, including system upgrades, quarterly pension reconciliations, ADP testing and validation, data integration with SYSK and HRIS platforms, and the development of standard operating procedures (SOPs). The Pension Director oversees the preparation of reports, analysis of pension data, and delivery of information to senior leadership to support decision-making and long-term plan sustainability.


The current vacancy is located in Baltimore City, MD Qualifications


Education: Possession of a bachelor's degree in accounting, auditing, public or business administration, finance, economics, human resources, or a related field from an accredited college or university.
Experience: Must have at least eight (8) years of experience in administrative or professional work. At least one (1) year of this experience must include responsibilities in one or more of the following areas: supervising employees, overseeing and coordinating the operations of a business unit, applying rules and regulations, or developing and implementing policies or procedures

Licenses & Certifications


Employees assigned duties that require the operation of a motor vehicle must possess a valid motor vehicle operator's license.

Additional Information


To Apply

To be considered for this recruitment, you must complete a Maryland Department of Transportation (MDOT) employment application (Form DTS-1). Resumes may not be substituted for the application.


Employment consideration may be based solely on the information provided in your application. Therefore, it is essential that the application is complete and accurate, listing all relevant experience in detail and addressing the specific qualifications outlined above. Be sure to include all applicable experience, including full-time, part-time, volunteer, military, acting capacity, or any other relevant roles within MDOT, its Transportation Business Units, or the Authority.


Important Notes:

  • Incomplete applications will not be considered.

  • The selected candidate may be subject to background and reference checks.

  • Employees are subject to the State Substance Abuse Policy, which may include drug testing.

  • It is strongly recommended that applications be submitted online by registering atwww.mdot.maryland.gov/employment. Be sure to meet all minimum and selective qualifications and follow the instructions provided on MDOT's Online Employment Center website.

  • Applicants with degrees earned outside the United States must provide a written evaluation of their educational credentials by a recognized credentialing organization such as World Education Services (WES):https://www.wes.org.


Additional Information:

  • Reasonable accommodations for persons with disabilities will be provided upon request.

  • The Maryland Department of Transportation is not currently sponsoring new employees for H-1B visas due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration Reform and Control Act of 1986. Federal regulations prohibit H-1B visa candidates from paying sponsorship fees; all such fees must be assumed by the employer.

  • TTY Users: Call 711 or contact your Telecommunications Relay Service.


Equal Opportunity Employer

The Maryland Transit Administration (MTA) is an Equal Opportunity Employer. MTA does not discriminate based on age, ancestry, color, creed, gender identity or expression, genetic information, marital status, mental or physical disability, national origin, race, religious affiliation, belief or opinion, sex, sexual orientation, or any other protected status.


Safety Statement

Employees should adhere to all safety rules, policies, regulations, and personal protective equipment requirements to support a safe and healthy working environment. Employees may attend and participate in safety meetings, be aware of hazards in their work area, and should report hazards, unsafe acts, near misses, injuries, and accidents immediately.


To support a safe and healthy work environment, employees must refrain from willful violations of safety rules and procedures, reckless and negligent behavior, involvement in criminal activities, and the misuse of drugs or alcohol. Failure to adhere to this requirement may be subject to disciplinary action up to and including termination. Employees may only perform work for which they have the appropriate safety training.


Issue Date: 11/14/2025