PeopleSoft Pension Administration Consultant Job at Visionaryz Inc., Mundelein, IL

  • Visionaryz Inc.
  • Mundelein, IL

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.

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

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Key Responsibilities

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

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