PeopleSoft Support Analyst

New Wave People, Inc.; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

New Wave People, Inc. in New York seeks a Pension Administrator to support the PeopleSoft Pension Administration system, focusing on enhancing, configuring, and troubleshooting pension processes to ensure accurate, secure, and compliant operations.

The role requires deep knowledge of pension rules, eligibility, vesting, and benefit formulas, with hands-on experience in PeopleTools, PeopleCode, SQR, App Engine, and COBOL.

Qualifications

• Pensions configuration expertise including administration module tables & calculation phase
• Service Eligibility, Benefit, and Vesting Service
• Plan Eligibility and Participation

Responsibilities

• Enhancing/modifying/troubleshooting pension processes
• Implementing new processes for accurate, secure and compliant pension calculations
• Configuring pension rules: eligibility, participation, vesting, and formulas
• Supporting bolt-on applications including pension loans system
• Retiree payroll, annual actuary valuation reporting, and annual cost of living adjustments
• Pension loans administration and service purchase buybacks

Skills

PeopleSoft HCM

Pension Administration

PeopleTools

COBOL

SQR

App Engine

Tools

SQR

COBOL

PeopleCode

App Engine

Job description

M-F 37.5 work hours weekly

.30 Minute Unpaid Lunch Break

No Holiday work, Overtime or travel required

No Parking Provided

Job Description

The purpose of this position is to support the critical initiatives underway within the PeopleSoft Pension Administration system for pension plans. This position is responsible for:

1. 1. Enhancing / modifying / troubleshooting existing pension processes, implementing new processes allowing for accurate, secure and compliant pension processes, calculations and estimates.
2. 2. Implementation & support of all customizations required to comply with pension legislation, tiers, regulatory requirements and collective bargaining agreements.
3. 3. Configuration of all pension rules including eligibility, participation, consolidation (hours, earnings, contributions), vesting, benefit formulas, optional forms.
4. 4. Supporting various bolt on applications, including but not limited to the pension loans administration system.

PeopleSoft HCM & PeopleSoft Pension Administration knowledge including:

1. 1. 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 CBA's and statutory changes
   • h. 415 Limit High 3 and 401(a)(17) Limits
   • i. Early Retirement Factors
   • j. Benefit Formulas including death benefits
2. 2. Retiree payroll
3. 3. Annual actuary valuation reporting
4. 4. Annual cost of living adjustments
5. 5. Pension loans administration
6. 6. Service purchase buybacks

Technical skills including PeopleTools, PeopleCode, SQR, App Engine, and COBOL

Salary

Salary commensurate with scope of work job experience

Proper footwear required to perform tasks in a safe manner.

Perform other reasonably related duties as required.

New Wave People is an Equal Opportunity Employer (EEO).#ITIND123