Title: PeopleSoft HCM Pension Administration Consultant
Position Type: Contract
Location: New York, NY
Description:
Job Description: The purpose of this position is to support the critical initiatives underway within the PeopleSoft Pension Administration system for Client's administered pension plans. This position is responsible for:
- Enhancing / modifying / troubleshooting existing pension processes, implementing new processes allowing for accurate, secure and compliant pension processes, calculations and estimates, including integration with other modules within PeopleSoft HCM.
- Implementation & support of all customizations required to comply with pension legislation, tiers, regulatory requirements and collective bargaining agreements.
- Maintenance of the legacy data converted into the centralized & highly customized Peoplesoft pension administration system, upgrading its efficiency through centralized administration.
- Configuration of all pension rules including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, optional forms.
- Supporting various bolt on applications, including but not limited to the pension loans administration system
The qualified candidate in this area will possess a Bachelor's Degree in a related discipline and three (3) or more years of full-time paid experience as a PeopleSoft Pensions Application integrator and support analyst. The candidate must have strong initiative and leadership skills, strong work ethic, responsibility and dedication. The ability to work independently, as well as in a team environment, strong verbal and writing skills are also required.
Work orders may specify that the integrator be proficient in one or more of the following:
- People Tools
- People Code
- Application Engine
- Component Interface
- SQR
- XML/BI Publisher
- COBOL
The following knowledge and skills are required for this position.
PeopleSoft HCM & PeopleSoft Pension Administration knowledge including:
- Pensions configuration expertise including; Consolidated Hours, Earnings, and Contributions ,Service Eligibility, Benefit, and Vesting Service ,Plan Eligibility and Participation , Vesting and Benefit Eligibility ,Benefit Earning Limitations - 415 Limit Earnings , Final Average Earnings and 401(a)(17) Limits / Kingston Cap Limits ,Overtime Earning Caps as Per CBA's and statutory changes , 415 Limit High 3 and 401(a)(17) Limits , Early Retirement Factors , Benefit Formulas including death benefits, 2. Retiree payroll
- Annual actuary valuation reporting
- Annual cost of living adjustments
- Pension loans administration
- Service purchase buybacks
The candidate must have recent experience in the implementation of integrated pension administration solutions in the public sector.
*Either skills or additional skills are required
Skills: Category Name Required Importance Experience
Areas of Expertise Application development No 1 6 + Years
Soft Skills High Level Analytical Ability No 1
Soft Skills Meeting Facilitation No 1
Software Skills COBOL No 1 6 + Years
Software Skills MS Excel No 1
Software Skills PeopleSoft No 1 6 + Years
Software Skills SQR No 1 6 + Years
Technical Skills Ability to write technical documents and end-user documentation No 1
Technical Skills Business Analyst No 1
Technical Skills Functional Analysis No 1
Technical Skills Implementation No 1
Technical Skills Payroll No 1
Technical Skills PeopleSoft SQR No 1 6 + Years
Technical Skills Process Flow No 1
Technical Skills PSOFT PeopleTool No 1 6 + Years
Technical Skills Public Sector No 1