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PeopleSoft Pension Administration Functional Consultant

Aries Solutions Intl Inc

Job Description

PeopleSoft Pension Administration Functional/Technical Consultant-On-Site/Hybrid in NYC Area

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Responsibilities

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Enhancing / modifying / troubleshooting existing pension processes, implementing new processes allowing for accurate, secure and compliant pension processes, calculations and estimates.

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Implementation & support of all customizations required to comply with pension legislation, tiers, regulatory requirements and collective bargaining agreements.

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Configuration of all pension rules including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, optional forms.

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Supporting various bolt on applications, including but not limited to the pension loans administration system

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Skills Reqd

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PeopleSoft HCM & PeopleSoft Pension Administration knowledge including:

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Pensions configuration expertise including pension administration module tables & calculation phase (individual & batch) including;

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Consolidated Hours, Earnings, and Contributions

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Service Eligibility, Benefit, and Vesting Service

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Plan Eligibility and Participation

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Vesting and Benefit Eligibility

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Benefit Earning Limitations - 415 Limit Earnings

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Final Average Earnings and 401(a)(17) Limits / Kingston Cap Limits

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Overtime Earning Caps as Per CBA's and statutory changes

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415 Limit High 3 and 401(a)(17) Limits

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Early Retirement Factors

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Benefit Formulas including death benefits

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Retiree payroll

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Annual actuary valuation reporting

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Annual cost of living adjustments

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Pension loans administration

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Service purchase buybacks

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Technical skills including PeopleTools, PeopleCode, SQR, App Engine, and COBOL

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Vacancy posted 3 days ago
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