Where is Pension Service located?

Pension Service is headquartered in Woodbury, New York, but may have operations in other locations within the Insurance sector.

What does Pension Service do?

According to the company's overview, Pension Service is a company that operates in the Financial Services industry.

What industry is Pension Service in?

Pension Service operates in the Insurance industry.

Pension Service Hourly Pay Rate & Wages

Pension Service Salary

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Salary at Pension Service

Current Job Openings at Pension Service

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Is Pension Service’s Pay Competitive? Salary Benchmarking Analysis

How does Pension Service'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
Falmouth Retirement System	$47	-12.5%	Reflects market rates for standard general contracting, differing from specialized roles.
Union Carbide Employees Bhopal Relief Fund Inc	$49	-8.5%	Normalized for lower cost-of-living zones where Union Carbide Employees Bhopal Relief Fund Inc primarily operates.
Retirement Corporation of America Partners LP	$46	-12.6%	Retirement Corporation of America Partners LP operates with a leaner overhead structure, impacting base wage offers.
Http://www.ibew461benefits.org	$45	-15.4%	Http://www.ibew461benefits.org focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry	$60	+12.0%	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.

Companies Similar to Pension Service and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Pension Service. Click a company name to learn more.

Falmouth Retirement System

$47 / hour

Salary Range: $41 - $53

Falmouth, MA

Union Carbide Employees Bhopal Relief Fund Inc

$49 / hour

Salary Range: $43 - $55

Concord, NH

Retirement Corporation of America Partners LP

$46 / hour

Salary Range: $41 - $53

Alpharetta, GA

Http://www.ibew461benefits.org

$45 / hour

Salary Range: $40 - $51

Lansing, MI

Pension Service Of Florida

$46 / hour

Salary Range: $40 - $52

Boca Raton, FL

Firemen's Relief and Pension Association of Meadville Pennsylvania

$43 / hour

Salary Range: $38 - $48

Meadville, PA

aspxAllied North America Insurance Brokerage of Massachusetts LLC

$51 / hour

Salary Range: $45 - $58

Jericho, NY

Cosmor Taxi Service Inc

$57 / hour

Salary Range: $50 - $64

New York City, NY

Progressive Life and Health Insurance Company of New York Inc

$54 / hour

Salary Range: $48 - $62

White Plains, NY

Employee Reviews: Working at Pension Service

Considering a career at Pension Service? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.

The company invests in cutting-edge tools, making work more efficient. The compensation is fair, with performance-based incentives. Team collaboration is strong, and the company hosts engaging team-building events. The office atmosphere is relaxed yet professional.

Commented in April 20, 2025

14

2

Benefits meet industry standards, and the workload is manageable. It’s a great place for those seeking stability and growth. The company offers excellent training programs, and the team is very supportive.

Commented in April 06, 2025

37

2

Leadership is transparent about goals, and employees are given the tools to succeed. While not the most dynamic, it’s a dependable workplace. I joined this insurance firm a year ago, and it’s been a positive experience. Leadership is transparent, and team collaboration is strong. Overall, it’s a stable and fulfilling place to grow a career in the insurance industry. It’s a company that values its ...

Commented in July 14, 2024

33

1

While there aren’t many flashy perks, the job security and stable environment make it a reliable place to work. Recognition programs, career growth opportunities, and a positive culture make it a great workplace. Working at this insurance firm offers stability and a predictable workflow.

Commented in January 07, 2024

34

3

What Benefits Does Pension Service Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pension Service offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:

Social Security

401(K)

Disability

Healthcare

Pension

Time Off (days)

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Pension Service.

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Pension Service, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$3,500 - $5,000+ (Highly variable by borough)	A significant portion of Pension Service salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$127 (MTA 30-day MetroCard)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$450 - $700	Can be higher with more dining out or specialty stores.
Personal & Leisure	$500 - $1,000+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$450 - $800+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$5,177 - $7,877+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pension Service

1. What is the typical salary range (low to high) for most roles at Pension Service?

The typical salary range for most roles at Pension Service is approximately from $47 to $60 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.

2. How much does Pension Service pay compared to Falmouth Retirement System?

The average annual salary at Pension Service is $110,627, or an hourly wage of $53, in comparison to Falmouth Retirement System which pays $96,778 per year or $47 per hour.

3. How does experience level affect salary at Pension Service?

Experience level is a significant factor in determining salary at Pension Service, 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.

4. How can I determine if a salary offer from Pension Service in New York is fair given the local cost of living?

To determine if a salary offer from Pension Service in New York is fair, first compare the gross salary to our data for similar roles at Pension Service and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. Why might an individual's actual salary at Pension Service differ from the ranges shown here?

An individual's actual salary at Pension Service can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.