By Kristen Emery-Oracle on Feb 26, 2015
For complete information on planned functionality as well as PeopleSoft's Position Statement on VETS-4212, see Document ID 1983041.1.
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.
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.
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.
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