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Pension Jobs in Colorado (NOW HIRING)

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Pension information

See Colorado salary details

$48.8K

$52.3K

$54.8K

How much do pension jobs pay per year?

As of Aug 22, 2026, the average yearly pay for pension in Colorado is $52,275.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,800.00 and $53,800.00 per year, depending on experience, location, and employer.

What is a pension?

Pensions are retirement plans that provide a regular income to employees after they retire from active work, typically funded by employers, employees, or both. The most common type is a defined benefit plan, which promises a specific monthly benefit upon retirement, often based on salary and years of service. Pensions help ensure financial security during retirement and are an important part of many employee benefit packages. In some cases, individuals may also contribute to personal pension plans separate from employer-sponsored programs.

What are some common challenges faced by pension administrators in managing retirement plans?

Pension administrators often encounter challenges such as staying updated with evolving regulations, accurately calculating benefits for a diverse participant base, and managing large volumes of sensitive data securely. They must also ensure timely communication with plan participants and coordinate with other departments like payroll and finance to process contributions and distributions. Effective organization and attention to detail are essential, as errors can have significant financial and legal consequences.

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

To thrive as a Pension Administrator, you need a solid understanding of pension regulations, benefits administration, and financial recordkeeping, often supported by a degree in finance or a related field. Familiarity with pension management software, payroll systems, and relevant certifications such as QPA (Qualified Pension Administrator) is common. Attention to detail, strong organizational skills, and effective communication are crucial soft skills in this role. These competencies ensure accurate processing, compliance with legal requirements, and clear guidance for plan participants.

What is the difference between Pension vs Retirement Planner?

AspectPensionRetirement Planner
Primary RoleProvides pension benefits or manages pension fundsAdvises clients on retirement savings and planning strategies
CredentialsActuarial certifications, financial expertiseFinancial certifications, CFP or similar
Work EnvironmentFinancial institutions, government agenciesFinancial advisory firms, independent practice
Industry UsageUsed in pension fund management and administrationUsed in personal retirement planning and financial advising

While pensions focus on managing or providing retirement benefits, retirement planners assist individuals in creating personalized retirement strategies. Both roles require financial knowledge, but pensions are more institutional, whereas retirement planners work directly with clients to achieve their retirement goals.

What are the most commonly searched types of Pension jobs in Colorado?

The most popular types of Pension jobs in Colorado are:

What are popular job titles related to Pension jobs in Colorado?

For Pension jobs in Colorado, the most frequently searched job titles are:

What job categories do people searching Pension jobs in Colorado look for?

The top searched job categories for Pension jobs in Colorado are:

What cities in Colorado are hiring for Pension jobs?

Cities in Colorado with the most Pension job openings:

Infographic showing various Pension job openings in Colorado as of August 2026, with employment types broken down into 80% Full Time, 19% Part Time, and 1% Temporary. Highlights an 89% Physical, 6% Hybrid, and 5% Remote job distribution, with an average salary of $52,275 per year, or $25.1 per hour.

Pension Outsourcing Pension Payroll - Associate Manager

Willis Towers Watson

Denver, CO • On-site

$65K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 14 days ago


Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

38th of 151 rated financial services


Job description


In this challenging role as a Pension Outsourcing Payroll- Associate Manager, you will contribute as part of a team to the entire range of retirement administration activities, primarily focused on pension payroll and other related activities. If you're looking for an exciting role, with one of the leaders in the defined benefit outsourcing business and the opportunity to grow and develop your career, apply now!
In this role you will serve as a team leader and subject matter expert to the internal team and our clients, trouble shoot issues, create client deliverables, contribute to client management and participate in the creation of new intellectual capital.
The Role
  • Enhance your knowledge of all aspects of retirement plan administration
  • Enjoy a well-defined career path with opportunities for growth and advancement
  • Leverage the most cutting-edge tools and resources and some of the world's experts in retirement plan design, management and pension administration
  • Deliver superior, consistent client management and deliverables in support of a Director for assigned clients.
  • Staffing and Talent Development
    • Lead/manage training on payment workstream concepts for new and seasoned team members
    • Mentor junior team members to ensure understanding of workstream methods/concepts
    • Provide positive and constructive feedback for team members to aid in their development
    • Assist in team development and development plans
  • Workflow and Escalation Management
    • Manage completion of required processes or checklists (e.g., Trust SOP for payment workstream)
    • Manage team daily workflow and adherence to contract SLAs
    • Assist Operation Managers with escalations, work with team to update documentation, Knowledgebase and provide training as needed to minimize escalations
    • Lead client team workstream regarding technical and monthly processing matters as needed
    • Lead internal workstream team meetings
    • Lead client/vendor meetings related to pension payroll topics
    • Verify complex payments to ensure the data integrity of the cyclical payment process
    • Ensure that monthly reconciliation activities are completed within the applicable deadlines
    • Assist with/attend client meetings as applicable
  • Standardization
    • Lead internal/external process documentation maintenance and alignment with excellence and administration standards
    • Lead adoption of off-system tools and updates as necessary
    • Ensure that Product updates are implemented timely and teams are following standard procedures

Qualifications
The Requirements
  • 5+ years of experience in administration of defined benefit plans, preferably gained in a benefits consulting environment
  • Experience consulting on pension administration projects and/or systems, including interaction of data, software, administration outputs, and processes in accordance with plan provisions, Internal Revenue Code, ERISA, and other legal regulations
  • Solid understanding of pension and broader benefit plan design
  • Functional or industry knowledge/experience in the application of technology to solve human resource needs such as HRIS/payroll system integration, pension plan administration, health and welfare plan administration, employee self-service and pension payroll administration
  • Ability to work on a multifaceted team (administration, technology and service center) with competing projects, deliverables and priorities, including client implementations and one-time special project work
  • Strong interpersonal and client management skills
  • Excellent written and verbal communication skills
  • Strong analytical, integrative, problem-solving and project management skills
  • Strong organizational abilities and flexibility to work in a performance driven environment
  • Bachelor's degree or equivalent in business, benefits administration, or related field, CEBS designation or actuarial training a plus
  • Ability to travel and work extended hours as needed

Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.
Compensation
The base salary compensation range being offered for this role is $65,000-$90,000 USD per year.
This role is also eligible for an annual short-term incentive bonus
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
EOE, including disability/vets

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