PeopleSoft Pension Administration Consultant

Visionaryz Inc.; Mundelein (IL); On-site; USD 140,000 - 190,000; Full time

Job summary

Visionaryz Inc. seeks an experienced PeopleSoft Pension Administration Consultant to support enhancements, configuration, and implementation of pension processes within an enterprise PeopleSoft environment.

The ideal candidate has deep expertise in PeopleSoft HCM and Pension Administration, including pension calculations, benefit rules, eligibility, and regulatory compliance. You will collaborate with clients to deliver compliant, scalable pension solutions.

Qualifications

• 10+ years of experience in PeopleSoft and pension administration systems.
• Deep expertise in PeopleSoft HCM and Pension Administration.
• Hands-on experience configuring pension tables and calculation phases.
• Experience with pension eligibility, participation, and vesting rules.
• Knowledge of pension formulas, 415 and 401(a) limits and related regulations.
• Experience with retiree payroll, service buybacks, and COLA processing.

Responsibilities

• Enhance, modify, and troubleshoot pension processes.
• Configure pension eligibility, participation, service credits, vesting, and formulas.
• Implement system changes to comply with pension legislation and CBAs.
• Support pension calculations, estimates, and processing.
• Maintain pension rules for earnings, contributions, and retirement factors.
• Assist with retiree payroll, actuarial reporting, and COLA.
• Support service buybacks and pension-related enhancements.

Skills

PeopleSoft HCM

Pension Administration

Regulatory Compliance

Pension Calculations

Eligibility & Vesting

Tools

PeopleTools

PeopleCode

SQR

Application Engine

COBOL

Job description

Job Description

We’re looking for an experienced PeopleSoft Pension Administration Consultant to support enhancements, configuration, troubleshooting, and implementation of pension processes within an enterprise PeopleSoft environment.

The ideal candidate will have deep expertise in PeopleSoft HCM and Pension Administration, including pension calculations, benefit rules, eligibility, and regulatory compliance.

Key Responsibilities

• Enhance, modify, and troubleshoot existing PeopleSoft pension processes.
• Configure and support pension eligibility, participation, service credits, vesting, and benefit formulas.
• Implement system modifications to comply with pension legislation, regulatory requirements, and collective bargaining agreements.
• Support pension calculations, estimates, and benefit processing.
• Maintain pension rules covering earnings, contributions, retirement factors, and benefit eligibility.
• Support pension loan administration and related bolt-on applications.
• Assist with retiree payroll, annual actuarial valuation reporting, and cost-of-living adjustments.
• Support service purchase buybacks and pension-related system enhancements.

Required Qualifications

• 10+ years of experience in PeopleSoft and pension administration-related systems.
• Strong knowledge of PeopleSoft HCM and PeopleSoft Pension Administration.
• Hands-on experience configuring pension administration module tables and individual and batch calculation phases.
• Expertise in pension eligibility, participation, consolidated hours, earnings, contributions, and vesting.
• Experience with benefit formulas, death benefits, early retirement factors, and final average earnings.
• Knowledge of pension earnings limitations, including 415 limits, 401(a)(17) limits, and Kingston Cap limits.
• Understanding of overtime earning caps, statutory changes, and collective bargaining agreements.
• Experience with retiree payroll, pension loans, service purchase buybacks, and annual cost-of-living adjustments. xzgxqkn
• Technical proficiency in PeopleTools, PeopleCode, SQR, Application Engine, and COBOL.