Tuesday Jun 02, 2015

Legislative update for PeopleSoft HCM - Affordable Care Act

The Affordable Care Act is a huge initiative.  One big piece of the legislation that has been evolving is Employer Shared Responsibility.   PeopleSoft has already delivered some new functionality to assist with the Employer Shared Responsibility requirements.  Part of delivered functionality was an Excel to Component Interface.  The Excel to CI will allow you to quickly and easily upload key ACA employee information to PeopleSoft.  PeopleSoft has scheduled a live Advisor Webcast for Wednesday, June 24, 2015 10:00 AM (PST) to go over the delivered functionality and show you how it works.  You can register for this webcast on My Oracle Support Document ID 1456265.1.  We hope you are able to attend.

Thursday May 28, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

The ministry of finance by notification no. 39/2015/F.No.142/02/2015-TPl has increased the exemption allowed to disabled employees for conveyance allowance to Rs.3,200 from current exemption of Rs.1,600 with effect from 1st April 2015. Also NSDL has released a new version of file format for Form 24Q (version 5.2 for Q1 to Q3 & 5.3 for Q4). The Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1962660.1.

Monday May 18, 2015

Legislative Update for PeopleSoft HCM Global Payroll China

There were changes related to Social Insurance for Shanghai region. The notified changes were published in April 2015. In order to ensure compliance with these legislative initiatives, Oracle has updated the position statement that is made available on My Oracle Support, Document ID 1965056.1.

Chinese Version -

从2015年开始,有关 上海地区的最低工资相关的法律变更 已公布。甲骨文的中国版本的信息声明已经根据最新的法律法规 的公布而修改了。我们建议客户及时从My Oracle Support上 去查 看最新修改的信息声明,文档编号:1965056.1.

Thursday May 07, 2015

Legislative Update for PeopleSoft HCM Global Payroll Japan

The Japanese government announced new legislation called “My Number Act” to create an ID number system to be used in administrative procedures in Japan. My Number system is intended to effectively identify information about individuals that is collected and retained separately by multiple governmental organizations, and to enhance the efficiency and fairness of the administration of taxation and social welfare in Japan. The My Number Act is scheduled to be launched from January 2016.

Japan Pension service has announced change in paper size for Santei and Geppen notification effective January 2015. Effective 1st April 2015 Jido teate Kyoshutsukin Child care allowance has been changed to Kodomo/Kosodate Kyoshutsukin.

Oracle has updated the position statement to include these legislative updates that is made available on My Oracle Support, Document ID 2006361.1. We advise our customers to review the position statement to keep up-to-date.

国民生活を支える社会的基盤として、 社会保障・税番号制度“マイナンバー法”が日本に導入されます。番号制度は、複数の機関に存在する個人の情報を同一人の情報であるということの確認を行うための基盤であり、社会保障・税制度の効率性・透明性を高め、国民にとって利便性の高い公平・公正な社会を実現するための社会基盤です。平成28年1月からマイナンバーの利用が開始されます。

平成27年1月から、算定基礎届・月額変更届の用紙サイズがB5版からA4版に変更になりました。

児童手当拠出金が平成27年4月から「子ども・子育て拠出金」に名称変更となりました。

これらの法改正情報を含めたposition statementがMy Oracle SupportのDocument ID 2006361.1.に更新されました。最新情報についてはぜひこちらをご参照ください。

Saturday May 02, 2015

Legislative Update for PeopleSoft HCM Global Payroll Brazil

eSocial – updates

On February, 23rd 2015, the government posted to the official eSocial website a new version of the eSocial file layout and a first draft of the Manual Instructions, but the timeline for the effective date for eSocial has not been published, yet. The PeopleSoft HCM GP Brazil team is working on the layout mapping against the product and a new version will be posted to MyOracleSupport as soon as we have completed our analysis. More details about the PeopleSoft eSocial project can be found at Document ID 1526487.1, available on My Oracle Support.

Friday May 01, 2015

Legislative Update for PeopleSoft HCM - Affordable Care Act

The "Patient Protection and Affordable Care Act" (PPACA) (P.L. 111-148) and the "Health Care and Education Reconciliation Act of 2010" (H.R. 4872) were signed into law March of 2010. This legislation continues to evolve with new or revised requirements.  The Oracle PeopleSoft team continues to monitor this legislation and the impacts it has on the PeopleSoft Benefits, Time and Labor and Payroll for North America products.   We have revised Position Statement on April 25, 2015 to include any new information we have obtained since the last posting.  Changes include additional information on the Time and Labor functionality as well information on system requirements to support the 1094-C and 1095C reporting.  We encourage you to review the latest Statement to keep up to date.  The updated Position Statement can be found on My Oracle Support Document ID 1080659.1.

Friday Apr 24, 2015

Legislative Update for PeopleSoft HCM Global Payroll France

The Government of France has announced new rates for Public Transportation (Transports en Ile-de-France) effective from 1st July 2015. These rates will prevail till the end of August 2015 and thereafter except for 3 zones all other zones will follow the same rate. This legislative change is detailed in our position statement made available on My Oracle Support portal under document ID 1968781.1.

Le gouvernement de la France a annoncé de nouveaux tarifs pour les transports publics (Transports en Ile -de-France ) à compter du 1er Juillet 2015. Ces taux auront cours jusqu'à la fin de Août 2015 et par la suite, à l'exception de trois zones, toutes les autres zones vont suivre le même rythme . Cette modification législative est détaillé dans notre énoncé de position disponible sur My Oracle Support sous le document ID 1968781.1.

Legislative Update for PeopleSoft HCM Global Payroll Australia

Oracle has published an updated version on the PeopleSoft HCM Global Payroll for Australia Position Statement to communicate about its development plans and the patch availability related to various upcoming legislative changes including Superannuation Calculations, Employment Termination Payments, TFN Declaration Reporting, SuperStream Data Standards, ComSuper, Single Touch Payroll and more. The document is made available on My Oracle Support under Document ID 1985727.1. We encourage our customers to review the latest Position Statement to keep up to date.

Legislative Update for PeopleSoft HCM Global Payroll India

The government of India established the PFRDA to develop and organize the pension sector in the country. NPS is now applicable to all central/state government employees, individuals & unorganized sector workers. A Corporate would have the flexibility to decide investment choice either at subscriber level or at the corporate level centrally for all its underlying subscribers. Both employer and employee would be eligible for deductions from total income. The Position Statement has been revised to include more details about NPS & the patch availability. Our position statement is available on My Oracle Support under Document ID 1962660.1. We advise customers to review the document to keep up-to-date.

Friday Apr 17, 2015

Legislative Update for PeopleSoft HCM - District of Columbia Wage Theft Prevention Act (WTPAA)

Effective February 26, 2015, the District of Columbia Wage Theft Prevention Act (WTPAA) is in effect. The Act requires employers to provide written notice to each employee based in D.C. containing specific information about the employee’s terms and conditions of employment.  Please visit My Oracle Support Document ID 2000218.1 to view the PeopleSoft Position Statement and obtain more information on this law.

Tuesday Apr 14, 2015

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

The Employment (Amendment) Ordinance 2014 on statutory paternity leave were announced during February 2015. Male employees with a child born on or after 27 February 2015 are entitled to 3 days’ paternity leave to be taken consecutively or separately for each confinement of their spouse/partner if they fulfill other requirements as stipulated in the law. The Paternity leave will be paid at a daily rate of four-fifths of the average wages. Oracle has updated the position statement to include these legislative updates that is made available on My Oracle Support, Document ID 1963839.1. We advise our customers to review the position statement to keep up-to-date.

Friday Apr 10, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

As a part of Maharashtra state government budget for 2015-16 there are amendments made in the schedule to Maharashtra State Tax on Professions, Trades, Callings and Employments Act. Professional tax is now exempted for women employees drawing salary below Rs.10,000.  The Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1962660.1.

Tuesday Mar 31, 2015

Legislative Update for PeopleSoft HCM Global Payroll China

PHFSI amendments

There were changes related to Social Insurance for Beijing and Shenzhen region. The notified changes were published in 2015. In order to ensure compliance with these legislative initiatives, Oracle has updated the position statement that is made available on, My Oracle Support, Document ID 1965056.1.

Chinese Version -

从2015年开始,有关北京和深圳地区的最低工资相关的法律变更 已公布。甲骨文的中国版本的信息声明已经根据最新的法律法规 的公布而修改了。我们建议客户及时从My Oracle Support上 去查 看最新修改的信息声 明, 文档编 号:1965056.1.

Friday Mar 27, 2015

PeopleSoft Payroll for North America Tax Calculation Revision in Tax Update 15-B

The PeopleSoft Payroll for North America team would like to notify you that Tax Update 15-B will contain a change to the way the payroll system handles State Reciprocity Calculations for Resident State Aggregate Supplemental Taxation.  I encourage all Payroll for North America customers to review the information in Document ID 1990074.1 on My Oracle Support.

Thursday Mar 19, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

The government of India vide notification no 323 (E) & 324 (E) has reduced the EPF administrative charges to 0.85% subject to minimum amount of Rs.500 per month per establishment  effective 1st January 2015. Additionally we also have amendments made in the schedule to Karnataka State Tax on Professions, Trades, Callings and Employments Act, 1979. As per the amendment, Professional tax is exempted for employees drawing salary below Rs.15,000 and age limit for senior citizen to claim exemption from Professional tax has been reduced to 60 years from 65 years. The Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1962660.1.
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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

For other useful information about PeopleSoft Applications see the PeopleSoft Applications Strategy Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.

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