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The following knowledge, skills, and abilities are required for this position;
PeopleSoft HCM & PeopleSoft Pension Administration knowledge including:
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. Retiree payroll
3. Annual actuary valuation reporting
4. Annual cost of living adjustments
5. Pension loans administration
6. Service purchase buybacks
Technical skills including PeopleTools, PeopleCode, SQR, App Engine, and COBOL
Ability to keep abreast of the technical solutions available in the marketplace and ability to recognize their applicability.
Must be able to recognize when a process requires additional controls and then implement appropriate procedural changes.
Adhere to and be guided by all appropriate MTA IT procedures and standards (e.g., project management methodology,systems
development lifecycle, service level agreements)
Excellent problem-solving, analytical, planning, and project management skills.
Ability to communicate in oral and written form to users at all levels of the company; particularly requires the ability to convey
technical information to a non-technical audience.
The candidate must have recent experience in the implementation of integrated pension administration solutions in the public sector.
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