Home > Salary > Latvia > Pension Administrator
A pension administrator is responsible for managing and overseeing retirement plans for employees. They work closely with employers, employees, and financial institutions to ensure that pension plans are properly administered and compliant with relevant laws and regulations. Their main duties include enrolling employees in pension plans, calculating and verifying pension contributions, processing pension payments, and providing information and guidance to plan participants. Pension administrators also handle administrative tasks such as recordkeeping, preparing reports, and addressing inquiries or concerns from plan participants.
Estimated Yearly Salary: 22,489 EUR
Estimated Monthly Salary: 1,874 EUR
Estimated Weekly Salary: 432 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,816 EUR
Estimated Weekly Salary: 419 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 22,548 USD
Estimated Monthly Salary: 1,879 USD
Estimated Weekly Salary: 434 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 22,489 EUR
Estimated Monthly Salary: 1,874 EUR
Estimated Weekly Salary: 432 EUR per week
Estimated Hourly Salary: 11 EUR per hour
By working as Pension Administrator a person can save up to 1,019 USD per month or 12,228 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Pension Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Pension Administrator salary in Latvia
Average Yearly Salary of Pension Administrator in Latvia is approximately 22,489 EUR (22,548 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Pension Administrator do?
A pension administrator is responsible for managing and overseeing retirement plans for employees. They work closely with employers, employees, and financial institutions to ensure that pension plans are properly administered and compliant with relevant laws and regulations. Their main duties include enrolling employees in pension plans, calculating and verifying pension contributions, processing pension payments, and providing information and guidance to plan participants. Pension administrators also handle administrative tasks such as recordkeeping, preparing reports, and addressing inquiries or concerns from plan participants.
Skills: Pension administration, Retirement planning, Employee benefits, Financial management, Compliance, Recordkeeping
Job industry: Finance
Job industry: Finance
How much does Pension Administrator make?
Salary details
How much does Pension Administrator make?Estimated Yearly Salary: 22,489 EUR
Estimated Monthly Salary: 1,874 EUR
Estimated Weekly Salary: 432 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 21,795 EUREstimated Monthly Salary: 1,816 EUR
Estimated Weekly Salary: 419 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Last revision of data: 2024-01-02Pension Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,548 USD
Estimated Monthly Salary: 1,879 USD
Estimated Weekly Salary: 434 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Pension Administrator job salary compared to average salary in Latvia.
Comparison shows that a person working as Pension Administrator in Latvia earns on average:
1.15 times the average salary (or 115% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Pension Administrator job salary compared to average salary in Latvia.
Comparison shows that a person working as Pension Administrator in Latvia earns on average:
1.15 times the average salary (or 115% of average salary).
Is Pension Administrator a well paid job?
Yes, our data show that Pension Administrator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Pension Administrator?
High salary for Pension Administrator would be somewhere between 24,738 EUR and 32,609 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Pension Administrator in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 22,489 EUR
Estimated Monthly Salary: 1,874 EUR
Estimated Weekly Salary: 432 EUR per week
Estimated Hourly Salary: 11 EUR per hour
By working as Pension Administrator a person can save up to 1,019 USD per month or 12,228 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Pension Administrator
Estonia is 28,925 USD
Russia is 13,494 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Project leader it (37,965 EUR per year, pre-tax.)
Health safety manager (29,762 EUR per year, pre-tax.)
Environmental health safety (ehs), technician (17,765 EUR per year, pre-tax.)
Hr business partner ii (24,894 EUR per year, pre-tax.)
Radio dispatcher (15,020 EUR per year, pre-tax.)
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