Generalpension Salary

As of May 2026, the average hourly salary for employees at Generalpension in the United States is $24. This translates to an approximate annual wage of $50,795. Salaries at Generalpension typically range from $21 to $27 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Generalpension Pay for Different Roles?

Explore detailed salary information for specific jobs at Generalpension. Based on our data, the highest paying job is the Lawn Care, with an hourly wage of $90. The table below outlines the hourly wage ranges for most popular roles within the company.

Allstate Insurance Customer Service Representative

$22 / hour

Salary Range: $20 - $25

Customer Service

Insurance Retention Specialist

$30 / hour

Salary Range: $26 - $36

Sales

Insurance Sales Representative

$23 / hour

Salary Range: $20 - $26

Medical Technology

Management Trainee

$32 / hour

Salary Range: $29 - $35

Automotive Repair

Customer Service Representative

$19 / hour

Salary Range: $18 - $22

Customer Service

Lawn Care

$90 / hour

Salary Range: $80 - $102

Physician

Turn Insight into Opportunity: Current Job Openings

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About Generalpension: Company Profile

Website
www.generalpension.com
Founded In
1968
Employees
50 - 100 employees
Industry
Insurance
Headquarter Location
NORTHBROOK
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About GENERALPENSION
Company Profile Who we are: A highly skilled, very experienced, dedicated group of retirement plan professionals. What we do: General Pension Planning Corp. provides a wide range of consulting and recordkeeping services for retirement plans, plan fiduciaries and plan sponsors. How we differ from our competitors: We are a premier provider of open architecture, daily valuation services to defined co

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Generalpension's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Overall, a fantastic place to grow in the insurance field. Good incentives. Work-life balance is respected, making it a great place for long-term employment. The benefits, including health, dental, and vision coverage, are above average. The benefits, including health and retirement plans, are outstanding.
Career growth depends on departmental needs, but internal mobility is possible. The company also recognizes hard work through bonuses and awards, which boosts morale. I’m happy with my role here. Management maintains a professional yet approachable demeanor. I’d recommend this company to professionals seeking growth in insurance. The team is collaborative, and there’s a strong sense of mutual resp...
The workload is manageable, and colleagues are cooperative. Compensation is competitive, and annual reviews ensure fair adjustments. The work is structured, and processes are clearly defined, which helps in daily tasks.

Is Generalpension’s Pay Competitive? Salary Benchmarking Analysis

How does Generalpension's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
GR CAPITAL ASSET MANAGEMENT $26
+5.8%
Driven by niche technical certifications required for GR CAPITAL ASSET MANAGEMENT's specialized projects.
GREG NORRIS INSURANCE AGENCY $29
+18.2%
Reflects a supply-demand imbalance for the specific talent GREG NORRIS INSURANCE AGENCY targets.
GARY MORSE FARMERS INSURANCE $26
+6.3%
Supported by GARY MORSE FARMERS INSURANCE's high-margin contracts allowing higher overhead.
GREAT LAKES PENSION $23
-4.1%
Typical compensation structure for smaller regional agencies like GREAT LAKES PENSION.
Insurance Industry $60
+143.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Generalpension.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Generalpension, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Generalpension salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Generalpension

FAQ 1: What is the typical salary range (low to high) for most roles at Generalpension?
The typical salary range for most roles at Generalpension is approximately from $21 to $27 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Generalpension pay compared to GR CAPITAL ASSET MANAGEMENT?
The average annual salary at Generalpension is $50,795, or an hourly wage of $24, in comparison to GR CAPITAL ASSET MANAGEMENT which pays $53,749 per year or $26 per hour.
FAQ 3: How does experience level affect salary at Generalpension?
Experience level is a significant factor in determining salary at Generalpension, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Generalpension in Chicago is fair given the local cost of living?
To determine if a salary offer from Generalpension in Chicago is fair, first compare the gross salary to our data for similar roles at Generalpension and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are the salaries listed for Generalpension on Salary.com pre-tax or after-tax?
All salary figures displayed for Generalpension, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.