Retirement Investment Specialist III pay range
Commonwealth of Kentucky · class code 21001313
- Class code
- 21001313
- Pay grade
- 15
- Pay unit
- Month
- Alternate ranges
- 3
- State
- Kentucky
- The Commonwealth of Kentucky published pay range for Retirement Investment Specialist III is $4,040 to $6,464 per month, spanning every alternate range the plan defines.
- Kentucky publishes an entry rate and a midpoint for each pay grade, not a maximum, so the upper figure on this page is the grade midpoint.
- That works out to about $48,483 to $77,574 a year at full time.
- Kentucky Personnel Cabinet keys this classification as class code 21001313.
- The plan defines 3 alternate ranges for this class, so the rate depends on which criteria an employee meets.
- This is the range the plan authorises, not the salary of any individual employee.
Alternate ranges
| Range | Entry | Midpoint | Basis |
|---|---|---|---|
| Range 37.5-hour week | $4,040 | $6,060 | per month |
| Range 40-hour week | $4,310 | $6,464 | per month |
| Range Hourly | $24.86 | $37.30 | per hour |
Which alternate range applies is set by the plan's own criteria (experience, certification or assignment). The criteria text lives in the source document.
Class specification
The Personnel Cabinet class specification for this class is published by Kentucky Personnel Cabinet. The passages below are quoted from it as published, not paraphrased, and cut to their opening sentences; the full specification is the authority on duties and qualifications. It was last revised 09/16/2023.
What the state says the job is
Independently performs a variety of technical investment, accounting, and reconciling activities across the most complex asset classes, including Fixed Income, Public Equity, Real Estate, Real Return, Absolute Return, and Private Equity; and performs other duties as required.
Examples of the work
Performs and coordinates the preparation of purchase and sale transactions for investments. Responsible for processing of input data and verifying output of investment reports. Reconciles the portfolio to the General Ledger. Contacts investment managers or the custodial bank to correct problems. Resolves any problems in settlement or delivery of securities. Coordinates transactions between the custodial bank and brokers. Coordinates reconciliation of monthly investment reports generated by custodial bank and investment managers. Prepares reports and summaries of investment transactions as required for board material. Works with external auditors in annual audit of investment operations.
Minimum qualifications
EDUCATION: Graduate of a college or university with a bachelor's degree in accounting, finance, statistics, economics, or a business related field. EXPERIENCE, TRAINING, OR SKILLS: Three years of accounting or investment related experience. Substitute EDUCATION for EXPERIENCE: A master's degree in a business related field will substitute for one year of the required experience. Substitute EXPERIENCE for EDUCATION: Professional experience with a large-scale retirement system, investment program, trust department, brokerage firm, or related area will substitute for the required education on a year for year basis.
Quoted from the Personnel Cabinet class specification, read 2026-10-21.
Where this comes from
Kentucky Personnel Cabinet publishes this figure in Classified and Unclassified 37.5 and 40-Hour Salary Schedule, effective September 16, 2026. Every number on this page is read from that document; nothing is estimated, modelled or averaged.
Job titles and their pay grades come from the Job Specification Search, joined to the salary schedule.