PeopleSoft Pension Administration Developer

Job Description

Job Title: PeopleSoft Pension Administration Developer\n
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Contract Length: 12 Months\n
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Location: Midtown NYC\n
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Work Setup: 37.5 hour work week\n
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Job Summary

Our client is seeking an experienced PeopleSoft Pension Administration Developer to support critical initiatives within its PeopleSoft Pension Administration system. This role focuses on enhancing pension processes, implementing regulatory changes, and ensuring accurate, secure, and compliant pension calculations.\n
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\nPeopleSoft Pension Administration Developer Responsibilities\n
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• Enhance, modify, troubleshoot, and implement PeopleSoft pension administration processes and calculations.
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• Configure pension rules for eligibility, participation, vesting, service credits, contributions, and benefit formulas.
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• Develop and support customizations aligned with pension legislation, regulatory requirements, retirement tiers, and collective bargaining agreements (CBAs).
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• Support retiree payroll, pension loans, service purchase buybacks, and related applications.
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• Maintain annual actuarial valuation reporting and cost-of-living adjustments (COLAs).

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PeopleSoft Pension Administration Developer Qualifications

Required Skills:

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• Strong expertise in PeopleSoft HCM and PeopleSoft Pension Administration configuration, tables, and individual/batch calculations.
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• Proficiency in PeopleTools, PeopleCode, SQR, Application Engine, and COBOL.
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• Experience configuring consolidated hours, earnings, contributions, service eligibility, and vesting.
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• Knowledge of IRC 415 and 401(a)(17) limits, Kingston Cap limits, overtime caps, and early retirement factors.
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• Experience implementing pension benefit formulas, including death benefits.

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Additional Preferred Experience:

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• Retiree payroll and annual actuarial reporting.
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• Pension loans administration and service purchase buybacks.
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• Pension compliance and collective bargaining agreements.

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Join Our Team\n
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\nAs a PeopleSoft Pension Administration Developer , you will play a key role in maintaining and improving essential pension systems supporting our client's retirement programs.\n
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We look forward to reviewing your application!

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