xThe State Retirement System Salary

xThe State Retirement System Salary

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As of August 2026, the average hourly salary for employees at xThe State Retirement System in the United States is $46. This translates to an approximate annual wage of $96,672. Salaries at xThe State Retirement System typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at xThe State Retirement System

Ready for your next career move? Explore current job openings at xThe State Retirement System. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is xThe State Retirement System’s Pay Competitive? Salary Benchmarking Analysis

How does xThe State Retirement System'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
Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South $56
+19.9%
Driven by niche technical certifications required for Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South's specialized projects.
American Family Life Assurance Company of Columbus $51
+10.0%
Data suggests American Family Life Assurance Company of Columbus's workforce skews heavily towards veteran, high-tenure roles.
Molded Fiber Glass Health & Welfare Plan $49
+4.6%
Influenced by prevailing union wage agreements specific to Molded Fiber Glass Health & Welfare Plan's sector.
FWISD Bond $48
+2.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Insurance Industry $60
+28.1%
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 xThe State Retirement System and Their Hourly Pay Rates

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

Employee Reviews: Working at xThe State Retirement System

Considering a career at xThe State Retirement System? 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.
Even with a large workforce, individual contributions are recognized. While workloads can vary, managers are supportive in ensuring teams aren’t overwhelmed. The company maintains a professional atmosphere, and communication from leadership is clear. The insurance company operates efficiently, with clear guidelines and structured workflows.
Commented in May 04, 2025
39
3
The work environment is professional, and colleagues are generally cooperative. Leadership is transparent and encourages innovation. A great place for long-term professional development. The company culture is inclusive, and managers genuinely care about employee development. A stable option for those in the insurance sector. The team culture is collaborative, and the benefits package is robust. W...
Commented in June 01, 2024
24
3
Workload distribution is fair, and managers are understanding of personal commitments. The office atmosphere is welcoming, and remote work flexibility is a plus. Processes are standard. Training programs are thorough, helping new hires adjust quickly.
Commented in January 07, 2024
31
2

xThe State Retirement System Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
714 Lake Ave Detroit Lakes Minnesota MN 56501
Revenue
$50 Million - $200 Million
Phone Number
+1 6512962761
Social Media
About xThe State Retirement System
xThe State Retirement System is a company that operates in the Financial Services industry. It employs 101-250 people and has $100M-$250M of revenue. The company is headquartered in Detroit Lakes, Minnesota.

What Benefits Does xThe State Retirement System Offer Beyond Salary?

A competitive compensation package is more than just a salary. xThe State Retirement System 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)
Work at xThe State Retirement System?
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at xThe State Retirement System.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from xThe State Retirement System, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of xThe State Retirement System salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of xThe State Retirement System

1. What is the average salary for employees at xThe State Retirement System?

The average total compensation for employees at xThe State Retirement System is approximately $46 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $41 to $53 per hour, depending on factors like job role, experience, and location.

2. How much does xThe State Retirement System pay compared to Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South?

The average annual salary at xThe State Retirement System is $96,672, or an hourly wage of $46, in comparison to Board of Trustees of the Teamsters Life With Dues Benefit Plan Avenue South which pays $115,901 per year or $56 per hour.

3. How does having a professional certification impact salary for relevant roles at xThe State Retirement System?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at xThe State Retirement System for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does xThe State Retirement System offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially xThe State Retirement System, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at xThe State Retirement System?

Most companies, likely including xThe State Retirement System, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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