Senior PeopleSoft Pension Functional/Technical Consultant - TC 26-14981

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:

1. Enhancing, modifying, and troubleshooting existing pension processes, and implementing new processes that allow for accurate, secure, and compliant pension processing, calculations, and estimates
2. Implementing and supporting all customizations required to comply with pension legislation, tiers, regulatory requirements, and collective bargaining agreements
3. Configuring all pension rules, including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, and optional forms
4. 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:

1. 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
2. Retiree payroll
3. Annual actuarial valuation reporting
4. Annual cost of living adjustments
5. Pension loans administration
6. Service purchase buybacks

Technical Skills

• PeopleTools, PeopleCode, SQR, App Engine, and COBOL