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

How much does Pension Administrator make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

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

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Latvia

Data as of 2025

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