Pension Manager Salary in Salt Lake City, UT

What is the salary range of Pension Manager?

As of December 01, 2024, the average annual pay of Pension Manager in Salt Lake City, UT is $63,506. While Salary.com is seeing that Pension Manager salary in Salt Lake City, UT can go up to $101,206 or down to $43,045, but most earn between $52,796 and $83,240. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Pension Manager in the United States.

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Salary range for a Pension Manager

$52,796 to $83,240

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What is a Pension Manager?

A Pension Manager is responsible for overseeing and managing the pension plans and retirement benefits for employees within an organization. They are responsible for ensuring that the pension plans are properly funded, administered, and compliant with all relevant regulations. This includes managing the investment of pension funds, communicating with employees about their retirement benefits, and staying up to date on changes in pension laws and regulations. Additionally, Pension Managers may also be involved in developing and implementing new pension plans and benefits packages for employees. They work closely with HR departments, financial advisors, and legal teams to ensure that the organization's pension plans are effectively managed and provide employees with the retirement benefits they are entitled to.

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Job Openings for Pension Manager in Salt Lake City, UT

What does a Pension Manager do?

Common responsibilities of a Pension Manager

Manage the risk associated with pension fund investments and develop strategies to mitigate potential losses.

September 10, 2023

Oversee the administration of pension plans, including processing retiree benefits and managing contributions from employees and employers.

September 13, 2023

Develop and maintain relationships with external investment managers and service providers to support the pension fund's operations.

September 26, 2023

Communicate with pension plan participants to provide information about their benefits and address any questions or concerns.

October 17, 2023

Stay informed about industry trends and best practices in pension management to continuously improve the fund's operations.

October 17, 2023

Collaborate with financial advisors, actuaries, and other professionals to assess the financial health of the pension fund and make informed decisions.

October 23, 2023

Prepare and present reports on the performance and financial status of the pension fund to senior management and board members.

October 27, 2023

Develop and implement pension investment strategies to ensure the long-term financial stability of the pension fund.

October 31, 2023

Monitor and analyze the performance of pension fund investments and make recommendations for adjustments as needed.

November 16, 2023

Ensure compliance with all relevant laws and regulations governing pension funds, including reporting requirements and fiduciary responsibilities.

November 26, 2023

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Pension Manager Salary By Experience Levels in Salt Lake City, UT

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Pension Manager Salary By Level of Education in Salt Lake City, UT

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Average Salary Range for Pension Manager in Salt Lake City, UT

Average Base Salary

Core compensation

52796

83240

63506

Average Total Cash Compensation

Includes base and annual incentives

52796

83240

63506

What is the average salary for Pension Manager in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Pension Manager in Salt Lake City, UT. The base salary for Pension Manager ranges from $52,796 to $83,240 with the average base salary of $63,506. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,796 to $83,240 with the average total cash compensation of $63,506.

View Average Salary for Pension Manager as table

	Average Salary	Average Salary Range
Base Salary	$63,506	$52,796 - $83,240
Bonus	$0	$0 - $0
Total Pay	$63,506	$52,796 - $83,240

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Pension Manager Salary Near Salt Lake City, UT

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Salt Lake City, UT
CITY, STATE West Jordan, UT	AVERAGE SALARY RANGE $52,025 - $82,025	COMPARE TO Salt Lake City, UT
CITY, STATE Sandy, UT	AVERAGE SALARY RANGE $52,072 - $82,099	COMPARE TO Salt Lake City, UT
CITY, STATE South Jordan, UT	AVERAGE SALARY RANGE $51,978 - $81,951	COMPARE TO Salt Lake City, UT
CITY, STATE Lehi, UT	AVERAGE SALARY RANGE $49,811 - $78,534	COMPARE TO Salt Lake City, UT
CITY, STATE Layton, UT	AVERAGE SALARY RANGE $50,234 - $79,201	COMPARE TO Salt Lake City, UT
CITY, STATE Orem, UT	AVERAGE SALARY RANGE $50,047 - $78,906	COMPARE TO Salt Lake City, UT

See salaries for Pension Manager in locations close to Salt Lake City, UT. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Salt Lake City, Utah

Salt Lake City has an area of 110.4 square miles (286 km2) and an average elevation of 4,327 feet (1,319 m) above sea level. The lowest point within the boundaries of the city is 4,210 feet (1,280 m) near the Jordan River and the Great Salt Lake, and the highest is Grandview Peak, at 9,410 feet (2,868 m). The city is in the northeast corner of the Salt Lake Valley surrounded by the Great Salt Lake to the northwest, the steep Wasatch Range to the east, and Oquirrh Mountains to the west. Its encircling mountains contain several narrow canyons, including City Creek, Emigration, Millcreek, and Par...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Pension Manager in Salt Lake City, UT

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JOB TITLE Pension Administrator	LOCATION Salt Lake City, UT	MINIMUM SALARY $53,770	MAXIMUM SALARY $76,895
JOB TITLE Pension Fund Manager	LOCATION Salt Lake City, UT	MINIMUM SALARY $57,548	MAXIMUM SALARY $84,051
JOB TITLE Pension Administrator, Sr.	LOCATION Salt Lake City, UT	MINIMUM SALARY $78,087	MAXIMUM SALARY $88,888
JOB TITLE Pension Actuary	LOCATION Salt Lake City, UT	MINIMUM SALARY $54,738	MAXIMUM SALARY $77,998
JOB TITLE Pension Analyst	LOCATION Salt Lake City, UT	MINIMUM SALARY $54,738	MAXIMUM SALARY $77,998
JOB TITLE Pension Specialist	LOCATION Salt Lake City, UT	MINIMUM SALARY $54,738	MAXIMUM SALARY $77,998

The Pension Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Salt Lake City, UT that might be a good fit for the type of job and salary you are looking for.

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52796

83240

About Salt Lake City, Utah Salt Lake City has an area of 110.4 square miles (286 km2) and an average elevation of 4,327 feet (1,319 m) above sea level. The lowest point within t....More

Salt Lake City, Utah area prices were up 2.3% from a year ago

Pension Manager Salary in popular cities: Provo, West Jordan, Orem

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role