Wednesday Aug 21, 2013

Legislative Update for PeopleSoft Global Payroll Singapore

The Central Provident Fund Board has released contribution rate tables which are effective 1st of January 2014. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review our position statement to keep up-to-date on legislative changes. The Position Statement can be found on My Oracle Support, Document ID 1541852.1"

Thursday Aug 08, 2013

Legislative Updates for PeopleSoft HCM Global Payroll Malaysia

Effective August 1st, 2013 EPF Contribution applicable until 55 years of age is now being extended till 60 years of age and the rates remain unchanged i.e., 12 percent from employers; 11 percent from employees. Our Position Statement has been revised to include these legislative updates for the respective changes. 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 1528264.1.

Monday Aug 05, 2013

Legislative Updates for PeopleSoft Global Payroll Australia

The Australian Government, aiming at efficiencies in reporting data across organizations within Australia, has carried out a comprehensive review that examined the current structure and operations of the superannuation industry as their pilot project. An attempt to streamline the way data is reported by multiple parties within the industry has lead to the rise of Data and Payment Standards (The Standard) that received royal assent on 28th June 2012. The industry will regulate The Standard to bring in efficient data exchange between Super Funds, RSA providers, Employers, Financial Institutions and the ATO. To ensure compliance with this legislative initiative we have updated our position statement that is made available on My Oracle Support, Document ID 1532030.1. We advise customers to review the position statement to keep up-to-date.

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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

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