PeopleSoft Pension Administrator job at Kumar Consulting, LLC. New York, NY. Overview The purpose of this position is to support the ongoing operations and maintenance of the PeopleSoft Pension Administration system for administered pension plans in compliance with security technologies that protect the corporate infrastructure at the host, endpoint, cloud, and application levels. Responsibilities Enhance, modify, troubleshoot existing pension processes and implement new processes to ensure accurate, secure, and compliant pension calculations and estimates. Implement and support all customizations required to comply with pension legislation, regulatory requirements, and collective bargaining agreements, ensuring sensitive data is identified and properly protected through appropriate security technologies. Migrate legacy data to a centralized and highly customized PeopleSoft Pension Administration system, upgrading efficiency through centralized administration. Configure all pension rules including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, and optional forms. Support various bolt-on applications, including but not limited to the pension loans administration system. Knowledge, Skills, and Abilities PeopleSoft HCM & PeopleSoft Pension Administration knowledge including: 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 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 actuary valuation reporting Annual cost of living adjustments Pension loans administration Service purchase buybacks Technical skills - PeopleTools, People Code, SQR, App Engine, and COBOL The candidate must have recent experience in the implementation of integrated pension administration solutions in the public sector. Flexible work from home options available. #J-18808-Ljbffr Kumar Consulting, LLC
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