Wednesday Jan 22, 2014

PeopleSoft HCM update on Defense of Marriage Act (DOMA)

On June 26, 2013 the U.S. Supreme Court declared Section 3 of DOMA, which denied federal recognition of same-sex marriages, unconstitutional. However, this left in place Section 2, which allowed states to refuse to recognize same-sex marriages performed in other states. Then on August 29, 2013 IRS issued ruling IR-2013-72 which stated same-sex couples, legally married in a jurisdiction that recognizes their marriage will be treated as married for federal purposes. The ruling applies regardless of whether the couple lives in a jurisdiction that recognizes same-sex marriage or a jurisdiction that does not recognize same-sex marriage. PeopleSoft has already delivered some functionality related to this change. PeopleSoft Benefits and Payroll for North America plan on delivering additional functionality which will make your processing and compliance with this law even easier. We have revised the PeopleSoft Position Paper include any new information we have obtained since the last posting on My Oracle Support, Document ID 1586141.1 .  We encourage you to review the latest Statement to keep up to date.  

Friday Sep 20, 2013

UPDATE 9/2013: Peoplesoft Benefits and Payroll for North America - How does the new Healthcare Legislation impact your PeopleSoft products?

The PeopleSoft Payroll for North America/Benefits products have been adding functionality along the way to support the requirements for HealthCare reform.  One big piece of legislation that is still evolving is Employer Shared Responsibility.  In July of this year the IRS announced that they were going to defer this requirement until 2015 to allow time for the IRS to find a better way to support the requirement. 

On September 5, 2013 the IRS released the proposed guidelines and invited stakeholders to submit comments on the proposed rules through early November 2013.  Once the IRS finalizes the rules, PeopleSoft can take a position on what should be done.  We have revised our Position Statement, specifically on Shared Responsibility on September 20, 2013 to include new information.  The revisions can be found on Page 17.  The updated Position Statement can be found on My Oracle Support, Document ID 1080659.1. 

Wednesday Mar 27, 2013

Legislative Changes to PeopleSoft HCM Products - Federal Customers

The Middle Class Tax Relief and Job creation act of 2012 P.L. 112-9 made significant changes to the Federal Retirement System in regards to how to determine an employee’s coverage. Starting in 2013 the employee’s contribution rate for (most) newly hired employees (or rehired employees with less than five years FERS service) will to pay significantly higher employee contributions.  In addition, members of Congress and Congressional employees will pay a higher rate and will accrue retirement benefits at the same rate as regular employees. 

Federal customers using PeopleSoft Human Resources, Payroll for North America, HR Base Benefits and Payroll Interface products will need to read the Position Paper which will  identify the upcoming changes.  The Position Paper can be found on My Oracle Support, Document ID 1541096.1.

Thursday Sep 08, 2011

HIPAA 834 EDI is changing - are you prepared?

As a result of the Health Information Technology for Economic and Clinical Health Act (HITECH) there are significant modifications to the Health Insurance Portability and Accountability Act (HIPAA) which include creating new code and transaction sets for the HIPAA 834 EDI. The Secretary of the Department of Health and Human Services (HHS) has adopted ASC X12 version 5010 and NCPDP version D.0 as the next HIPAA standard for HIPAA covered transactions. The final rule was published on January 16, 2009 with all covered entities to be compliant by January 1, 2012.

The Health Care Industry uses Electronic Data Interchange (EDI) to transfer data. They have developed standards to be implemented consistently by all organizations to facilitate a smooth EDI environment. PeopleSoft Base Benefits adopted the standard Benefits Enrollment and Maintenance transaction ANSI ASC X12.834 version 4, release 1, sub-release 0 to provide standardized data requirements and contents to users of Version 004010 of ANSI ASC X12, Benefits Enrollment and Maintenance (834). The 834 is used to transfer enrollment information from the sponsor of the insurance coverage, benefits, or policy to a payer.  

The new standard was published for the Benefits Enrollment and Maintenance Transaction ANSI ASC X12.834 version 5, release 1, sub-release 0. A Position Statement was issued to describe the changes that will be made to the PeopleSoft Base Benefits module to allow customers to generate the required 834 transactions on the new standard. These changes will be delivered to our customers on supported releases to 8.81 (with extended support) under the following BUG ID numbers: The targeted release date is by the end of Q3 (end of August beginning of September).

 Release  Bug ID
 8.81 (with extended support) 11590897
 8.9 11594576
 9.0 11582957
 9.1 12553862

See the Position Statement (Doc ID 1340431.1) in My Oracle Support  for detailed information on what is changing.

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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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