Public Pension Investment Officer

Also called: Pension Fund Portfolio Manager

Invests billions of dollars in retirement savings for teachers, police, and other public workers.

A day in the life

Public pension funds like CalPERS manage hundreds of billions of dollars. Investment officers pick fund managers, analyze stocks, real estate, and private equity, and present to the board. Their decisions affect the retirements of millions of public workers.

Pay over a career

Starting
$85k
Typical
$150k
High
$300k

Top chief investment officers earn $500k+.

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Master's degree, about 6 years after high school. Bachelor's in finance; CFA charter and MBA common.

Ways in: 4-year college, Graduate school, Certification. Training cost: $15k – $60k.

Majors to look at: Finance, Economics, Mathematics, Accounting.

Outlook

Growing about average.

Will it last? Our AI estimate

Medium risk for 10 years. AI screens funds and runs analytics; picking managers and answering to trustees stay human, but junior work shrinks.

Start now, in high school

Classes: AP Statistics, AP Macroeconomics, AP Calculus.

Official data: O*NET occupation 13-2051.

More Public Finance & Tax careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.