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As of August 01, 2026, the average salary for a Pension Manager in Illinois is $58,111 per year, which breaks down to an hourly rate of $28.
However, a Pension Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Pension Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $63,986 | $5,332 | $1,231 | $31 |
| Average | $58,111 | $4,843 | $1,118 | $28 |
| 25th Percentile | $50,985 | $4,249 | $980 | $25 |
Local 4 SEIU Health & Welfare Fund - Chicago, IL
Jepsen Investments, Inc - Schaumburg, IL
NP Now LLC - Chicago, IL
NP Now LLC - Chicago, IL
A Pension Manager'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Pension Manager'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:
| Levels | Salary |
|---|---|
| Entry Level Pension Manager | $54,936 |
| Intermediate Level Pension Manager | $55,265 |
| Senior Level Pension Manager | $56,362 |
| Specialist Level Pension Manager | $57,679 |
| Expert Level Pension Manager | $59,148 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Pension Managers. For example, consider the average annual salaries in these key locations:
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:
For Pension Manager 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, Business Services, offers compensation 20% above the average. Conversely, Pension Manager positions in Hospitality & Leisure typically offer lower base pay, as this sector often view Pension Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $69,733 | $34.0 | 20% |
Understanding how a Pension Manager'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $63,986 | $5,332 | $1,231 | $31 |
| Average | $58,111 | $4,843 | $1,118 | $28 |
| 25th Percentile | $50,985 | $4,249 | $980 | $25 |
Ready to take the next step in your career? Browse thousands of current Pension Manager job openings on our job board. Use the search bar below to find your perfect match.
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