Senior Pensions Administrator salary in Monaco

Average Yearly Salary of Senior Pensions Administrator in Monaco is approximately 254,389 EUR (253,155 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 Senior Pensions Administrator do?

A senior pensions administrator is responsible for overseeing the management and administration of pension schemes within an organization. They ensure compliance with legal regulations, handle complex pension calculations, and provide guidance to employees on pension-related matters. This role involves maintaining accurate records of pension contributions, processing pension payments, and liaising with external providers such as pension trustees and investment managers. Senior pensions administrators may also be involved in pension scheme design and implementation, as well as providing support during audits and regulatory inspections. Strong attention to detail, excellent analytical skills, and a comprehensive understanding of pension legislation are essential for this role. Effective communication and interpersonal skills are also important, as senior pensions administrators often interact with employees, HR departments, and external stakeholders.

Skills: senior pensions administrator, pension scheme management, compliance, pension calculations, record keeping, pension legislation.
Job industry: Finance

How much does Senior Pensions Administrator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Senior Pensions Administrator a well paid job?

Yes, our data shows that Senior Pensions Administrator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Pensions Administrator?

High salary for Senior Pensions Administrator would be somewhere between 279,828 EUR and 368,864 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Pensions Administrator in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 254,389 EUR
Estimated Monthly Salary: 21,199 EUR
Estimated Weekly Salary: 4,892 EUR per week
Estimated Hourly Salary: 122 EUR per hour
By working as Senior Pensions Administrator a person can save up to 13,653 USD per month or 163,837 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Pensions 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.

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Data as of 2025

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