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Pension Processor Jobs (NOW HIRING)

ADP, Inc.

Benefit Specialist - Pension

Cypress, CA · On-site

$80K - $110K/yr

... process. Full Time Clerical Cypress, CA, US 30+ days ago Requisition ID: 1044 Salary Range: $80,000 ... The Benefits Specialist-Pension is responsible for the financial reconciliation and month-end ...

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Univest Financial Corporation

Pension Advisor

Allentown, PA · On-site

$85K - $100K/yr

If you have experience in pension plan management, client relationship management, or investment ... Act as process owner for reports outlined in GPS consulting agreements. Maintain and strengthen ...

CornerStone Staffing

Human Resources Assistant

Dallas, TX · On-site

$25/hr

This role helps maintain accurate employee records, supports retirement and pension processes, and provides responsive service to employees in a fast-paced environment. KEY RESPONSIBILITIES * Assist ...

W3Global Inc.

Pension and Annuity Supervisor

Honolulu, HI · On-site

$65K - $70K/yr

Ensure timely and accurate processing of pension and annuity benefit applications and payments. * Attend trust meetings, benefit fairs, union meetings, new-hire orientations, and industry conferences ...

Paramount

Manager, Pension Administration

Manhattan, NY · On-site +1

$110K - $125K/yr

... processing benefit payments in Canada. - Ensure compliance with applicable legal and regulatory requirements and standards. - Keep up to date with the latest developments and trends in the pension ...

Paramount

Manager, Pension Administration

Manhattan, NY · On-site

$110K - $125K/yr

... processing benefit payments in Canada. - Ensure compliance with applicable legal and regulatory requirements and standards. - Keep up to date with the latest developments and trends in the pension ...

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Pension Processor information

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How much do pension processor jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for pension processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What does a pension processor do?

A Pension Processor is responsible for managing and processing pension applications, ensuring retirees receive their benefits accurately and on time. Their duties include verifying eligibility, calculating pension amounts, maintaining records, and communicating with retirees or beneficiaries about their benefits. Pension Processors work closely with human resources, payroll departments, and pension plan administrators to resolve any issues and ensure compliance with relevant laws and policies.

What are the key skills and qualifications needed to thrive as a pension processor, and why are they important?

To thrive as a Pension Processor, you need strong numerical accuracy, attention to detail, and a solid understanding of pension plans or benefits administration, typically supported by a high school diploma or equivalent. Familiarity with pension administration software, database systems, and Microsoft Excel is commonly required, and certifications such as CEBS can be advantageous. Excellent organizational skills, customer service orientation, and clear communication help you handle sensitive data and resolve participant inquiries effectively. These skills ensure accurate and timely benefit processing, regulatory compliance, and high-quality service for plan participants.

What are some typical challenges pension processors face when handling benefit calculations and how can they be addressed?

Pension Processors often encounter challenges such as interpreting complex plan documents, managing discrepancies in member records, and ensuring compliance with regulatory requirements. Accurate benefit calculations require attention to detail and frequent collaboration with HR, payroll, and legal teams to resolve data inconsistencies. Staying organized, leveraging specialized pension administration software, and maintaining up-to-date knowledge of pension laws can help address these challenges and ensure timely, accurate processing of benefits.

What is the difference between Pension Processor vs Benefits Administrator?

AspectPension ProcessorBenefits Administrator
CredentialsTypically requires basic financial or administrative certificationsOften requires HR or benefits-related certifications
Work EnvironmentMostly office-based, handling pension data and processingOffice or HR department, managing employee benefits
Employer & IndustryFinancial institutions, pension funds, insurance companiesCorporations, government agencies, HR firms
Search & Comparison IntentFocuses on pension processing tasks and rolesBroader benefits management and administration

The main difference is that Pension Processors primarily handle pension data and processing tasks within financial or pension organizations, while Benefits Administrators manage a wider range of employee benefits, including pensions, health insurance, and other perks. Pension Processors focus on specific pension-related functions, whereas Benefits Administrators oversee overall benefits programs.

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Pension Processor jobs near you
Infographic showing various Pension Processor job openings in the United States as of September 2026, with employment types broken down into 75% Full Time, 24% Part Time, and 1% Temporary. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.

Benefit Specialist - Pension

Cypress, CA • On-site

Southern California United Food & Commercial Workers Unions and
See more jobs at Southern California United Food & Commercial Workers Unions andexternal

$80K - $110K/yr

Full-time

Retirement

Posted 6 days ago

Job description

SUMMARY: The Benefits Specialist-Pension is responsible for the financial reconciliation and month-end balancing of all pension benefit payments issued by the Fund. This role ensures the accuracy and integrity of pension payables to retirees, beneficiaries, and alternate payees. The position is not participant-facing and focuses exclusively on financial reconciliation, payment accuracy, tax reporting integrity, overpayment tracking, and compliance-related adjustments.


ESSENTIAL DUTIES AND RESPONSIBILITIES:

Management reserves the right to assign additional responsibilities as needed to meet operational requirements.

  1. Reconcile all monthly pension payroll totals, including new awardees and existing payees.
  2. Balance gross benefit payments, tax withholdings, levies, adjustments, and net disbursements.
  3. Validate totals against system-generated reports and general ledger records.
  4. Ensure accurate integration of new awards into ongoing pension payroll.
  5. Prepare detailed reconciliation schedules to support month-end close.
  6. Maintain tracking logs for pension overpayments.
  7. Monitor participants on repayment plans, including those related to suspensible employment (working over allowable hours).
  8. Reconcile repayment activity against outstanding balances.
  9. Track benefit suspensions, recoupments, and reinstatements for financial accuracy.
  10. Coordinate with Pension Management to ensure proper financial recording of recoupment activity.
  11. Provide periodic reporting on outstanding overpayment balances, process and reconcile federal and state tax withholdings, IRS levies and garnishments, court-ordered payments and benefit adjustments and retroactive corrections.
  12. Ensure all financial changes are accurately reflected in payroll and accounting records.
  13. Investigate and resolve payment discrepancies.


EDUCATION and/or EXPERIENCE: 

  1. High School diploma or GED required. 
  2. Associate’s or bachelor’s degree in Accounting, or related field or a combination of education and experience. 
  3. 2+ years of experience in pension administration preferred.
  4. 2+ years of Pension & Reconciliation experience, preferably within a pension plan.
  5. Experience in financial reconciliation, payroll balancing, or accounting support preferred.
  6. Strong understanding of general ledger and reconciliation processes.
  7. High level of accuracy and attention to detail.
  8. Advanced Excel proficiency.
  9. Ability to manage large volumes of financial data.
  10. Prior experience in pension administration, multiemployer plans, or Taft-Hartley environment preferred.
  11. Familiarity with suspendible employment rules or benefit recoupment processes preferred.
  12. CEBS certification is required. If not currently obtained, employees must complete the certification within two years of employment and fulfill all continuing education requirements necessary to maintain the certification.

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