What are the responsibilities and job description for the Senior PeopleSoft Pension Functional/Technical Consultant - TC 26-14981 position at Compu-Vision Consulting, Inc.?
Senior PeopleSoft Pension Functional/Technical Consultant
Location: New York, NY
Duration - 12 Months
Employment Type: Contract (NO BENEFITS)
Job Summary
The purpose of this position is to support critical initiatives within the PeopleSoft Pension Administration system for administered pension plans. This position is responsible for:
- Enhancing, modifying, and troubleshooting existing pension processes, and implementing new processes that allow for accurate, secure, and compliant pension processing, calculations, and estimates
- Implementing and supporting all customizations required to comply with pension legislation, tiers, regulatory requirements, and collective bargaining agreements
- Configuring all pension rules, including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, and optional forms
- Supporting various bolt-on applications, including but not limited to the pension loans administration system
Required Knowledge, Skills, and Abilities
PeopleSoft HCM and PeopleSoft Pension Administration knowledge, including:
- Pension configuration expertise, including pension administration module tables and calculation phases (individual and batch):
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 per CBAs and statutory changes
h. 415 Limit High 3 and 401(a)(17) Limits
i. Early Retirement Factors
j. Benefit Formulas, including death benefits - Retiree payroll
- Annual actuarial valuation reporting
- Annual cost of living adjustments
- Pension loans administration
- Service purchase buybacks
Technical Skills
- PeopleTools, PeopleCode, SQR, App Engine, and COBOL
Salary : $70