Thursday Feb 26, 2015

Legislative Update – Federal Contractor Veteran’s Employment Reports VETS-4212

The U.S. Department of Labor published a final rule that reduces reporting requirements for federal contractors and subcontractors who hire and employ veterans under provisions of the Vietnam Era Veteran’s Readjustment Assistance Act of 1974. The final rule revises the VETS-100A Report and renames it to VETS-4212 Report.  The new VETS-4212 Report requires contractors to report specific information on protected veterans in their workforce in the aggregate, rather than for each category of veterans protected under the statute, reducing the required reporting elements by almost half.

For complete information on planned functionality as well as PeopleSoft's Position Statement on VETS-4212, see Document ID 1983041.1.

Wednesday Feb 26, 2014

PeopleSoft Human Resources and Recruiting Solutions Position Statement: OFCCP 2014 Regulations

The Office of Federal Contract Compliance Programs (OFCCP) amended two regulations concerning disability and veteran hiring practices, which both go into effect March 24, 2014.  After reviewing both regulations, our Position Statement provides our findings and view points on how our customers could leverage the PeopleSoft system to potentially support your compliance needs.  

Please note, Oracle will continue to evaluate the PeopleSoft Human Resources and Recruiting Solutions system for additional enhancements to aid our customers’ compliance needs that go beyond the issues discussed in this document. We will draw upon the input received from the PeopleSoft Customers Focus Group as a key source of information on system enhancements.

It is important to note that this document is not legal advice to our customers.  Each organization should consult their own Legal team before determining what steps are required to attain compliance with the new regulations.  Oracle cannot be held responsible or liable for non-compliance based on views in this document.

Please refer to the Position Statement on My Oracle Support Document ID 1629602.1. 

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.

Wednesday Mar 14, 2012

State of Connecticut Sick Leave

Senate Bill 913 - Public Act No. 11-52 mandates that employer provide paid sick leave to service employees.

The paid sick leave law (Senate Bill 913, Public Act 11-52) became effective on January 1, 2012.  This law made Connecticut the first state in the country to mandate that employers provide paid sick leave to employees.  This law could affect you if you employ 50 or more individuals in Connecticut during any one quarter of the previous year.  The legislation requires you to provide sick days to service workers.  The covered employees can use the accrued sick days for their own illness as well as preventative medical care or for the treatment of a spouse or child or for a variety of other reasons including if the worker is a victim of family violence or sexual assault.
Click here to see Document ID 1426299.1 on My Oracle Support for more information on this new law and the suggested method of administration in the PeopleSoft HCM products.


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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