Pension Works Salary

Pension Works Salary

How much does the Pension Works Pay for employees?

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As of August 2026, the average hourly salary for employees at Pension Works in the United States is $45. This translates to an approximate annual wage of $93,540. Salaries at Pension Works typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. Pension Works’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Pension Works

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

Is Pension Works’s Pay Competitive? Salary Benchmarking Analysis

How does Pension Works’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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Average Salary ($/year)
Pension Works
Insurance
Health Network One
Pension Administration Services
Industry Comparison
Our data shows that, on average, compensation at Pension Works is below the average for the U.S. Insurance industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Pension Works average annual salary with several similar companies. Pension Works average salary of $93,540 is higher than Health Network One, which has an average salary of $88,730. It is higher than Pension Administration Services, with their average salary at $92,305. This places Pension Works in a competitive position among its peers.
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Companies Similar to Pension Works and Their Hourly Pay Rates

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

Employee Reviews: Working at Pension Works

Considering a career at Pension Works? 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.
This company offers a stable work environment in the insurance sector. Leadership is engaged, and career advancement opportunities are clear. A fantastic place to work and advance. While there aren’t many standout perks, the job provides stability and a predictable routine. Compensation is fair, and the benefits package is strong.
Commented in May 11, 2025
38
2
Teamwork is emphasized, great for career growth. It’s a great place to grow professionally while maintaining a healthy work-life balance. For those who prefer structure and consistency, this is a reasonable workplace. Benefits like health insurance and performance bonuses are appreciated. Managers are supportive, and there’s a good balance between autonomy and teamwork. Reliable employer with stan...
Commented in March 08, 2025
48
3
The compensation is fair, with bonuses and performance incentives. The team is collaborative, and the office culture is welcoming. Compensation is fair, with performance bonuses and annual raises. The company culture is inclusive, and managers genuinely care about employee development.
Commented in January 08, 2025
21
2
The work-life balance is respected, and flexible hours help manage personal needs. It’s a fantastic place to build a long-term career. Workloads are manageable, and the team is cooperative.
Commented in January 01, 2024
10
1

Pension Works Overview

Website
www.pensionworks.com
Founded In
2000
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
382 Hercules Dr Colchester Vermont VT 05446
Revenue
$5 Million - $10 Million
Phone Number
+1 5185375986
Social Media
About Pension Works
To our valued clients and partners: Pension Works is now called FuturePlan by Ascensus , a new name and brand to represent our innovative role as a national leader formed by quality-focused local TPA firms from coast to coast. Youll continue receiving the high touch, responsive service you expect from our expert team, plus so much more. Were part of an unparalleled network of hundreds of experts o

What Benefits Does Pension Works Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pension Works 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)
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What Is the Cost of Living Near Colchester?

Understanding the cost of living near Colchester is key to truly evaluating a salary offer or your current compensation at Pension Works.
Colchester's Cost of Living Index is approx. 110-115. Burlington area town, Lake Champlain, housing above US avg. GMT bus. When planning your budget based on a salary from Pension Works, 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 Pension Works salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (Heating) Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GMT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,810 - $4,420+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pension Works

1. How much does a Pension Works employee make?

Pension Works pays its employees an average of $45 per hour. The average salary at Pension Works range from $40 to $51 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Pension Works?

The salary at Pension Works is higher than the similar company. The average annual salary at Pension Works is $93,540, or an hourly wage of $45, in comparison to Health Network One which pays $88,730 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Pension Works?

In many roles at Pension Works, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Colchester affect the perceived value of a Pension Works salary?

Colchester's Cost of Living Index is approx. This significantly impacts the purchasing power of a salary from Pension Works based there. Our "Cost of Living Insights for Colchester" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Pension Works typically offer employees?

Pension Works generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Pension Works" section on this page.

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