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Peoplesoft Pension Administrator - Onsite in NYC

Salary undisclosed

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Job Title: PeopleSoft Pension Administrator
Duration: 12 months
Location: NYC(Day 1 onsite)
The candidate must have recent experience in the implementation of integrated pension administration solutions in the public sector.
Job Description
This position is responsible for:
1. Enhancing / modifying / troubleshooting existing pension processes, implementing new processes allowing for accurate, secure and compliant pension processes, calculations and estimates.
2. Implementation & support of all customizations required to comply with pension legislation, regulatory requirements and collective bargaining agreements, ensuring that sensitive data is identified, and properly protected through the use of the appropriate security technologies.
3. Migration of legacy data to a centralized & highly customized Peoplesoft pension administration system, upgrading its efficiency through centralized administration.
4. Configuration of all pension rules including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, optional forms.
5. Supporting various bolt on applications, including but not limited to the pension loans administration system
The following knowledge, skills, and abilities are required for this position;
PeopleSoft HCM & PeopleSoft Pension Administration knowledge including:
1. Pensions configuration expertise including pension administration module tables & calculation phase (individual & batch) including;
a. Consolidated Hours, Earnings, and Contributions
b. Service Eligibility, Benefit, and Vesting Service
c. Plan Eligibility and Participation
d. Vesting and Benefit Eligibility
e. Benefit Earning Limitations - 415 Limit Earnings
f. Final Average Earnings and 401(a)(17) Limits / Kingston Cap Limits
g. Overtime Earning Caps as Per CBA s and statutory changes
h. 415 Limit High 3 and 401(a)(17) Limits
i. Early Retirement Factors
j. Benefit Formulas including death benefits
2. Retiree payroll
3. Annual actuary valuation reporting
4. Annual cost of living adjustments
5. Pension loans administration
6. Service purchase buybacks
Technical skills - PeopleTools, PeopleCode, SQR, App Engine, and COBOL
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
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