Pension Manager Salary in Worcester, MA

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How much does a Pension Manager make in Worcester, MA?

As of April 01, 2025, the average annual salary for a Pension Manager in Worcester, MA is $71,766. Salary.com reports that pay typically ranges from $59,671 to $94,067, with most professionals earning between $48,660 and $114,371.

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Salary range for a Pension Manager
$59,671 to $94,067
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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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Pension Manager Salary By Experience Levels in Worcester, MA

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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 Worcester, MA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Pension Manager in Worcester, MA

Average Base Salary

Core compensation

 
 
 
59671
94067
71766

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
59671
94067
71766
What is the average salary for Pension Manager in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Pension Manager in Worcester, MA. The base salary for Pension Manager ranges from $59,671 to $94,067 with the average base salary of $71,766. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $59,671 to $94,067 with the average total cash compensation of $71,766.

View Average Salary for Pension Manager as table

Average Salary Average Salary Range
Base Salary $71,766 $59,671 - $94,067
Bonus $0 $0 - $0
Total Pay $71,766 $59,671 - $94,067
* 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 Worcester, MA

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Worcester, MA
CITY, STATE Leominster, MA AVERAGE SALARY RANGE $59,541 - $93,860 COMPARE TO Worcester, MA
CITY, STATE Fitchburg, MA AVERAGE SALARY RANGE $60,132 - $94,793 COMPARE TO Worcester, MA
CITY, STATE Framingham, MA AVERAGE SALARY RANGE $61,396 - $96,785 COMPARE TO Worcester, MA
CITY, STATE Newton, MA AVERAGE SALARY RANGE $63,461 - $100,041 COMPARE TO Worcester, MA
CITY, STATE Woonsocket, RI AVERAGE SALARY RANGE $58,909 - $92,865 COMPARE TO Worcester, MA
CITY, STATE Medford, MA AVERAGE SALARY RANGE $63,461 - $100,041 COMPARE TO Worcester, MA
See salaries for Pension Manager in locations close to Worcester, MA. 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.

View Salary for Similar Jobs to Pension Manager in Worcester, MA

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Pension Administrator LOCATION Worcester, MA MINIMUM SALARY $55,830 MAXIMUM SALARY $72,941
JOB TITLE Pension Fund Manager LOCATION Worcester, MA MINIMUM SALARY $62,684 MAXIMUM SALARY $91,542
JOB TITLE Pension Administrator, Sr. LOCATION Worcester, MA MINIMUM SALARY $77,263 MAXIMUM SALARY $92,201
JOB TITLE Pension Actuary LOCATION Worcester, MA MINIMUM SALARY $59,511 MAXIMUM SALARY $84,786
JOB TITLE Pension Analyst LOCATION Worcester, MA MINIMUM SALARY $59,511 MAXIMUM SALARY $84,786
JOB TITLE Pension Specialist LOCATION Worcester, MA MINIMUM SALARY $59,511 MAXIMUM SALARY $84,786
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 Worcester, MA that might be a good fit for the type of job and salary you are looking for.

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59671
94067

 

About Worcester, Massachusetts    Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. ....More

Worcester, Massachusetts  area prices were up 1.6% from a year ago

Pension Manager Salary in popular cities: Boston, Springfield, Lowell

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