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Pensions Manager Jobs in California (NOW HIRING)

Benefit Specialist - Pension

Cypress, CA · On-site

$80 - $100/hr

Management reserves the right to assign additional responsibilities as needed to meet operational requirements. * Reconcile all monthly pension payroll totals, including new awardees and existing ...

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Pension Supervisor

Los Angeles, CA · On-site

$75K - $85K/yr

Pension Supervisor Overview: Under limited supervision, the Pension Supervisor will work with the Pension Department Leadership to oversee their assigned pension team in relation to administering ...

Investment Officer

Sacramento, CA · On-site

$150 - $200/hr

Headquartered in downtown Sacramento, CalPERS serves as a destination employer with an international reputation for leadership and innovation in the investment and pension management industry.

Support employee performance management, corrective action, and accountability. * Oversee crisis management and emergency response activities. * Coordinate client admissions, discharges, and ...

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Showing results 1-20

Pensions Manager information

See California salary details

$22.7K

$60.5K

$101.2K

How much do pensions manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for pensions manager in California is $60,548.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,400.00 and $68,100.00 per year, depending on experience, location, and employer.

What does a pensions manager do?

A Pensions Manager is responsible for overseeing and administering pension schemes within an organization or for clients. Their duties typically include ensuring compliance with pension regulations, managing contributions and payments, communicating with scheme members, and advising on pension policy and benefits. They may also handle pension plan design, manage relationships with external providers, and keep updated on legislative changes affecting pensions. Strong analytical, communication, and organizational skills are essential for this role.

What are the key skills and qualifications needed to thrive as a pensions manager?

To excel as a Pensions Manager, you need in-depth knowledge of pension schemes, financial regulations, and strong analytical skills, typically supported by qualifications such as PMI or CII certifications. Familiarity with pension administration software, regulatory compliance systems, and financial reporting tools is often required. Excellent communication, attention to detail, and stakeholder management abilities distinguish top performers in this field. These competencies are crucial to ensure accurate scheme administration, legal compliance, and effective communication with members and trustees.

What are some common challenges pensions managers face in keeping up with regulatory changes?

Pensions Managers often encounter challenges staying current with evolving pension legislation and compliance requirements. Regulatory frameworks can change frequently, requiring managers to continuously update processes and communicate adjustments to both staff and scheme members. Effective time management and ongoing professional development are essential to ensure compliance and maintain the integrity of pension schemes. Collaborating with legal and compliance teams can also help navigate these changes efficiently.

What is the difference between Pensions Manager vs Pensions Administrator?

AspectPensions ManagerPensions Administrator
ResponsibilitiesOversees pension schemes, manages strategy, and ensures regulatory complianceHandles day-to-day administration, processes contributions, and maintains records
Required CredentialsOften requires actuarial, financial, or pension-specific certificationsTypically requires administrative or financial qualifications
Work EnvironmentStrategic, managerial, and client-facing roles within financial or pension firmsAdministrative offices, supporting pension scheme operations

The main difference is that Pensions Managers focus on strategic oversight and scheme management, while Pensions Administrators handle daily administrative tasks. Both roles are essential in pension scheme operations but differ in scope and responsibilities.

What are the most commonly searched types of Pensions jobs in California?

The most popular types of Pensions jobs in California are:

Infographic showing various Pensions Manager job openings in California as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $60,548 per year, or $29.1 per hour.

Benefit Specialist - Pension

Cypress, CA • On-site

Southern California United Food & Commercial Workers Unions and

$80K - $110K/yr

Full-time

Retirement

Posted 5 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.