PeopleSoft Benefits Administration – Features List

Complete Benefits
 

    • Establish and manage multiple employee benefits programs, including flexible spending accounts, as well as leave accruals for sick, vacation, or personal time off (PTO) plans.
    • Define your providers, rates, and beneficiaries, including spouses, domestic partners, and dependents, and calculate coverages and premiums for employees who have multiple jobs.
    • Establish and administer plans for FMLA (Family Medical Leave Act), COBRA (Consolidated Omnibus Budget Reconciliation Act), health and life insurance, savings (including 401(k) and 403(b) plans), Section 129 dependent care reimbursement, and Section 457 savings plans.

Automatic Event Maintenance, Enrollment, and Billing  

    • Automatically enroll participants and dependents in a variety of benefit options.
    • Determine and track employee eligibility based on 18 delivered fields.
    • Use passive event processing to trigger events automatically.
    • Generate and process billings, payments, and adjustments for individuals and groups.
    • Automatically identify eligible employees and calculate and process retroactive benefits and deductions.

Manage and Administer Flexible Spending Accounts  

    • Administer health care and dependent care FSA claims.
    • Record pledges.
    • Process claims.
    • Print checks.
    • Account for funds.
    • Enter and validate claims online.

Comprehensive Reporting and Analysis  

    • Generate reports for frequently requested information and create your own customized, ad hoc reports for agency-specific requirements.
    • Analyze trends in your workforce and study the enterprise-wide impact of your programs and policies, including various benefits-expense ratios.

Complete Functionalities for U.S. Federal Government Employers  

    • Establish and administer benefits that meet applicable federal standards.
    • Gain advanced capabilities for processing federal leaves.
    • Automate benefits enrollment and gain event-maintenance functionalities for federal benefits programs                    
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