Pension Analyst Salary in the United States

How much does a Pension Analyst make in the United States?

As of October 01, 2026, the average salary for a Pension Analyst in the United States is $62,564 per year, which breaks down to an hourly rate of $30.

However, a Pension Analyst's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $81,658
  • Majority Range (25th-75th percentile): $56,039 to $72,558
  • Entry-Level (10th percentile): $50,099

Key Factors That Influence Pension Analyst Salaries

A Pension Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Pension Analyst Salaries?

Experience is a primary driver of a Pension Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $59,741
  • Early Career (1-2 years): $59,931
  • Mid-Level (2-4 years): $61,829
  • Senior-Level (5-8 years): $65,503
  • Expert (over 8 years): $66,973
Levels Salary
Entry Level Pension Analyst$59,741
Intermediate Level Pension Analyst$59,931
Senior Level Pension Analyst$61,829
Specialist Level Pension Analyst$65,503
Expert Level Pension Analyst$66,973

Top Paying Cities for Pension Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $78,912
  • San Francisco: $78,048
  • Oakland: $76,403

What Skills Can Increase a Pension Analyst's Salary?

Demanded Skills for the Role:

  • Planning (Mentioned in 8.19% Job Postings): An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  • Microsoft Excel (Mentioned in 2.22% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
  • Workday (Mentioned in 1.74% Job Postings): A cloud-based human resource management software system that unifies a wide range of HR functionality into a single system.
Skills Demand Percentage
Planning 8.19%
Microsoft Excel 2.22%
Workday 1.74%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Pension Analyst's salary.

  • Consulting: Can increase your salary by up to 21%.
  • Leadership: Can increase your salary by up to 19%.
  • Loan Review: Can increase your salary by up to 9%.
Skill Salary Salary % Increase
Consulting $75,702
21%
Leadership $74,451
19%
Loan Review $68,195
9%

Pension Analyst Salary by Industry: Top Paying Sectors

For Pension Analyst roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, Pension Analyst positions in Business Services typically offer lower base pay, as this sector often view Pension Analyst as a support function rather than a direct revenue driver.

The top paying industry for a Pension Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$75,077$36.020%

How Education impacts a Pension Analyst's Salary?

Your level of education can impact your salary potential. While many Pension Analysts enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Pension Analyst with a Bachelor's Degree is between $61,813 and $68,170).

Pension Analyst Salaries by Degree Level

Typical Education for Pension Analyst
Degree Level % of user with this level of education
No Diploma 1.6%
High School 15.2%
Associates 8.0%
Bachelors 64.8%
Masters 10.4%
Doctorate 0.0%

Pension Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Pension Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$56,039
Average $62,564/year
$72,558
$4,670
Average $5,214/month
$6,047
$1,078
Average $1,203/week
$1,395
$27
Average $30/hour
$35
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $72,558 $6,047 $1,395 $35
Average $62,564 $5,214 $1,203 $30
25th Percentile $56,039 $4,670 $1,078 $27

Most common benefits for Pension Analyst

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Pension Analyst

Here are companies hiring for Pension Analyst and their salaries, click below for more details.

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FAQ about Pension Analyst

1. What industry pays the highest salary for Pension Analyst?

The Insurance industry offers the highest average compensation for Pension Analyst roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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