Salaries: Pensions Industry (Worldwide) – Q3 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. | Public Pension Investment Manager Salary Survey 2025 (Texas Tribune)

The Director of Investments is the highest paid position, with a salary of $469,428. Updated as of July 1st 2025.

Previous salary surveys

U.S. | Compensation for Investment Management Positions 2025 (CalPERS)

Latest data shows that Chief Investment Officer pay ranges between $450,000 - $750,000.

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 team completed the 9th biennial survey of UK pension trustee pay.

U.S. | CalSTRS’ Compensation Review (McLagan)

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

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)

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.