Salaries: Pensions Industry (Worldwide) – Q1 2025

Latest salary surveys: Pensions industry

In the list below, you will find surveys of salaries from a range of roles across the pensions industry, including directors and CIOs.

The latest salary surveys

U.S. | TERS: Salaries by Role 2025 (The Texas Tribune)

Explore the TERS salary range by roles with the latest data.

UK | Trustee Pay Survey 2024 (PwC)

Published in January 2025, our Pensions Management Consulting (PMC) team completed the 9th biennial survey of UK pension trustee pay.

Previous salary surveys

U.S. | CalSTRS’ Compensation Review of Executive and Investment Positions (McLagan)

CalSTRS asked McLagan to assess the salary and total cash compensation and provide recommendations for 8 executive and investment management positions.

U.S. | Compensation for Investment Professional Staff 2024 (PA State Employees' Retirement System)

CIO top pay is circa $400,000 per annum.

U.S. | 2024-2025 Pension Actuarial Salary Survey (Ezra Penland)

U.S. pension actuary compensation is shown here by years of experience.

U.S. | CalPERS Employee Compensation (CalPERS)

Marcie Frost, Chief Executive Officer, saw total compensation at $1,245,587 in 2023-24. Data updated November 26, 2024.

CAN | Board of Trustees Remuneration Policy 2024 (Public Service Pension Plan)

See p.2-3. The board Chair can expect a retainer of $19,276 per annum with an additional meeting fee of $506 per day.

U.S. | U.S. Public Pension Investment Manager Salary Survey 2024 (Texas Tribune)

Updated as of 1 April 2024, the Director of Investments is the highest paid position, with a salary of $435,487.

U.S. | Pension Actuary Salary Survey 2024 (S.C. International)

According to Raise.me, the projected job growth for pension actuaries from 2016 to 2026 is 22%.

UK | Actuarial Salary Guide 2024 (Goodman Masson)

For compliance reasons, this paper is only accessible in certain geographies

Pensions, life insurance and general insurance actuarial roles are updated here for 2024.

Global | Actuarial Salary Survey Graphs (Actuarial Careers)

These charts compare the results of the 2023 Salary Survey.

UK | Pension Trustee Pay Survey (PwC)

For compliance reasons, this paper is only accessible in certain geographies

This is the 8th biennial survey of trustee pay. PwC has been running the survey for 16 years, providing insights into how trustee pay and time commitment continues to evolve.

UK | Pensions Salary Survey (Pension Careers)

For compliance reasons, this paper is only accessible in certain geographies

Annually, Pension Careers tracks remuneration trends nationwide across in-house, third party, consultancy and niche specialists in UK pensions.

UK | Accountancy & Finance Salary Survey 2023 (Hays)

For compliance reasons, this paper is only accessible in certain geographies

This survey covers risk and compliance roles as well as treasury.