What are the responsibilities and job description for the PeopleSoft HCM & PeopleSoft Pension Admin position at InterSources?
Title : PeopleSoft HCM & PeopleSoft Pension Admin
Location : New York, NY 10004
Duration : 13 Months Contract Position
Requirements
The purpose of this position is to support the ongoing operations and maintenance of the PeopleSoft Pension Administration system for Client administered pension plans in compliance with Client security technologies that are designed to protect the corporate infrastructure at the host, endpoint, cloud, application levels. 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 :
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
Additional Skills and Information :
Pension configuration
About Us :
InterSources Inc. is a Small, Woman, and Minority-Owned Business Enterprise, ISO / IEC 27001, SOC 2 Type 2 certified company with massive 18 years of diversified experience in providing IT Consulting Services, Artificial Intelligence, Data Analysis, Application Development, Cloud Services, Cybersecurity, Digital Marketing, ERP Management, Custom Software Development, Web Development, UI / UX Design, System Integration, QA Support etc. We make reasonable accommodations for clients and employees, and we do not discriminate based on any protected attribute including race, religion, color, national origin, gender sexual orientation, gender identity, age, or marital status. We also are a Google Cloud and Oracle partner company.