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PeopleSoft Integrator/Support Analyst

Baanyan Software Services, Inc.New York, NY🇺🇸United States

Quick overview

SeniorityMid Senior

Work modeOn Site

LocationNew York, NY, United States

COBOLPayrollPeopleSoft

Job description

In-Person Interview Mandatory

Job Description: The purpose of this position is to support the critical initiatives underway within the PeopleSoft Pension Administration system for NYC 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.
Implementation & support of all customizations required to comply with pension legislation, tiers, regulatory requirements and collective bargaining agreements.
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

Additional Skills and Information

The following knowledge, skills, and abilities are required for this position;

PeopleSoft HCM & PeopleSoft Pension Administration knowledge including:

Pensions configuration expertise including pension administration module tables & calculation phase (individual & batch) 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
Retiree payroll
Annual actuary valuation reporting
Annual cost of living adjustments
Pension loans administration
Service purchase buybacks