Wednesday Apr 23, 2014

Legislative Update for PeopleSoft HCM Global Payroll Australia

Superannuation data and e-commerce standards

Our Position Statement has been revised to include solution offerings for SuperStream reporting. We advise customers to review the position statement to keep up-to-date. Our Position Statement can be found on My Oracle Support, Document ID 1632138.1.

Monday Apr 14, 2014

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

Mandatory Provident Fund Amendments

Due to increase in daily maximum level of relevant income from $830 to $1000 effective 1st of June 2014, the IRD has released a new contribution scale for casual employees under Industry Scheme. Our Position Statement has been updated to include these legislative amendments and the delivery timelines for the respective change. We advise customers to review our position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1630409.1.

Thursday Mar 27, 2014

Legislative Update for PeopleSoft HCM Global Payroll Singapore

Singapore Government has announced Budget during February 2014.  Amendments to Singapore Legislation have impact on Foreign Worker Levy and CPF Contribution Rates for older workers. To ensure compliance with this legislative initiative we have updated our position statement that is made available on My Oracle Support, Document ID 1640353.1. We advise customers to review the position statement to keep up-to-date.

Friday Mar 14, 2014

Global Payroll France March 2014 Newsletter

The Global Payroll France Newsletter is published on My Oracle Support, under the following Doc ID: 1635545.1. You will find in this newsletter the latest communications from PeopleSoft development, all the information about upcoming legislative changes, and an update on the DSN project. Enjoy.

Lettre aux Payeurs de Mars 2014

La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, sous le numéro de document 1635545.1. Vous trouverez dans cette lettre les dernières communications du Développement PeopleSoft, des informations concernant les changements légaux à venir, ainsi qu’un point sur l’avancée du projet DSN. Bonne lecture.

Wednesday Mar 12, 2014

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

Changes to IR56 Forms

The Inland Revenue Department (IRD) has updated the print out specifications of Notification forms i.e., IR56 E, IR56 F, IR56 G and IR56 M. The new specifications released by the IRD have impact on the format and the presentation of data. Our Position Statement has been revised to include these legislative updates and the delivery timeline for the respective changes. We advise customers to review the position statement to keep up-to-date. Our Position Statement can be found on My Oracle Support, Document ID 1630409.1.

Thursday Mar 06, 2014

Legislative Update for PeopleSoft HCM Global Payroll Australia

Superannuation data and e-commerce standards

The new SuperStream and e-commerce standard which is due to go live from July this year for medium and large employers has seen a newer release of its Standard. The ATO released its version 1.2 with minimal changes in December 2013 and further was expected to release its final version by February 2014, which is still awaited. Oracle had initially published its position on this legislative feature in July 2013 and update to this is now available on My Oracle Support, Document ID 1632138.1.

Tuesday Mar 04, 2014

Legislative Update for PeopleSoft HCM Global Payroll United Kingdom

An update on Direct Earnings Attachment

The Welfare Reform Act 2012, which became law in March 2012, allows Department for Works and Pensions Debt Management to ask the employer for making deductions directly from payee’s earnings. This is routed by asking employer to operate a Direct Earnings Attachment (DEA).These regulations are only in force in England, Scotland and Wales hereby excluding Northern Ireland.  DEA has its own regulations which follow some of the workings of a Deduction from Earnings Order (DEO) and some workings of an Attachment of Earnings Order (AEO), particularly a Council Tax Attachment of Earnings Order (CTAEO). DEA does not replace other orders and in some circumstances employers may receive requests to implement deductions for multiple orders for the same employee. The legislation covering DEAs, part of the Social Security (Overpayment and Recovery) Regulations 2013 came into force on 8th April 2013.

DWP has released necessary specification for an automated payroll solution which will be introduced effective April 2014. In order to ensure compliance with this legislative initiative Oracle has updated the position statement that is made available on My Oracle Support, Document ID 1631637.1.

Friday Feb 28, 2014

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

IR56B report in XML Format

The Inland Revenue Department (IRD) has released the updated XML requirement specifications of software developed by employers for submission of annual Employer’s Return of Remuneration and Pensions (IR56B) in computerized format. The new specifications require the adoption of Unicode Standard for input of Chinese characters and submission of data files in XML format. This would apply to all applications lodged by employers on or after 1 March 2014. In order to ensure compliance with this legislative initiative Oracle has updated the position statement that is made available on My Oracle Support, Document ID 1630409.1.

Tuesday Feb 25, 2014

Legislative Update for PeopleSoft HCM - HR and Global Payroll for Brazil - eSocial News

Oracle PeopleSoft HCM –eSocial News

In the last 40 days the group of pilot companies for eSocial - Oracle belongs to this group - received 5 different versions of the eSocial layout, with the latest version 1.2-Beta 2 received on 24-Feb-2014 .
Also last week was performed the first pre-homologation of basic tables layouts, on top of the 27-Dec-2013 version, which resulted in further adjustments still not covered in version 1.2 Beta 2.
As a reminder, it is still pending a Interministerial publication, bringing together the Ministry of Finance, the Ministry of Social Security and the Ministry of Labor and Employment, confirming the schedule, the layout  and the detailed instructions for filling eSocial. So far, only CEF (Federal Bank – Unemployment Insurance Fund Bureau ) as a representative of FGTS published an approval to the layout in the Official Gazette. Confirmation or changes on the eSocial schedule, as well as the publication of a regulatory act is estimated for late March/2014, according to project coordinator on RFB (Brazilian IRS). Information about the delivery schedule will be announced thru My Oracle Support, Document ID 1526487.1.

Oracle PeopleSoft HCM – Noticias eSocial

Nos últimos 40 dias o grupo de empresas piloto do eSocial, do qual a Oracle faz parte, recebeu 5 diferentes versões do manual de instruções e seus leiautes sendo a última, versão 1.2 Beta 2 recebida em 24/02/2014.
Também nesta última semana, ocorreu a primeira pré-homologação de leiautes das tabelas básicas, com base na versão de 27/12/2013, que resultou em mais ajustes ainda não contemplados na versão 1.2 Beta 2.
Lembramos que ainda está pendente de publicação uma Portaria interministerial, reunindo o Ministério da Fazenda, o Ministério da Previdência Social e o Ministério do Trabalho e Emprego, confirmando o cronograma e o leiaute. Até o momento, apenas a Caixa Econômica Federal como representante do FGTS publicou a aprovação no Diário Oficial da União.
A confirmação ou alteração do cronograma eSocial, bem como a publicação em ato normativo é estimada para final de março/2014, de acordo com o coordenador do projeto na RFB. O novo cronograma de entregas será divulgado através do Document ID 1526487.1 disponível no MOS.

Thursday Dec 19, 2013

Legislative Update for PeopleSoft HCM Global Payroll Australia


Changes to Child Support Protected Earnings Amount (PEA)

The Australian Government Department of Human Services has set a minimum amount that must remain in a person’s wage after tax and child support has been deducted. This amount is termed as Protected Earnings Amount (PEA). The PEA is reviewed each year and adjusted on 1 January to allow for increases in the cost of living. For the year 2014, the PEA from 1 January is set to $339.23. This is the amount that must be set aside for your employee/contractor after tax and Child Support is deducted. In order to ensure compliance with this legislative initiative Oracle has updated the position statement that is made available on  My Oracle Support, Document ID 1532030.1.

Monday Dec 02, 2013

Legislative Update for PeopleSoft HCM Global Payroll Mexico

SAT  (Servicios de Adminsitracion Tributaria – Tax Administration Services) has announced two major Tax Changes that will impact Global Payroll Mexico, these changes will be effective as of January 2014, Global Payroll Mexico is targeting them to early January 2014 for releases 8.9, 9.0, 9.1 and 9.2.

As a consequence of the electronic revolution initiated by the SAT in 2004, the entity has announced that it’s mandatory for all Employers to provide electronic Employee’s Payslips in XML format, starting on January 2014. The electronic Payslip will also be used in case of labor disputes and plans to replace current Form 37 and DIM reports.

The second Tax change refers to the new name (article number) used to calculate Income Taxes, the calculation remains the same as previous articles with the exception of the wage ranges and the Tax Percentage used for this calculation. This change has impact on Regular, Special compensations and Annual Adjustments Payrolls.

Please refer to the Position Statement on My Oracle Support, Document ID 1604770.1. 

Legislative Updates for PeopleSoft HCM Global Payroll Argentina

Please review the new Position Statement for forthcoming changes for SICOSS 36 Release 5.  These changes are expected to be delivered for releases 9.0 and 9.1 by December 2013.  The Position Statement can be found on My Oracle Support, Document ID 1541074.1.

 

Tuesday Nov 12, 2013

PeopleSoft HCM Update on OFCCP

Office of Federal Contract Compliance Programs (OFCCP) announces Final Rule: Section 503 Rehabilitation Act and Vietnam Era Veteran’s Readjustment Assistance Act (VEVRAA)

On August 27, 2013, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) announced a Final Rule that makes changes to the regulations implementing:
• Section 503 of the Rehabilitation Act of 1973, as amended (Section 503) at 41 CFR Part 60-741. Section 503 prohibits federal contractors and subcontractors from discriminating in employment against individuals with disabilities (IWDs), and requires these employers to take affirmative action to recruit, hire, promote, and retain these individuals.
• The Vietnam Era Veterans’ Readjustment Assistance Act, as amended (VEVRAA) at 41 CFR Part 60-300.  VEVRAA prohibits federal contractors and subcontractors from discriminating in employment against protected veterans, and requires these employers to take affirmative action to recruit, hire, promote, and retain these veterans.
The Final Rule was published in the Federal Register on September 24, 2013, and becomes effective on March 24, 2014. The goal of these rules is to further clarify the requirements to effectively recruit, hire, promote and retain individuals with disabilities and Veterans.
We are currently in the process of analysis of this new legislation and its impacts to the business processes supported by PeopleSoft HCM.  We are tracking the requirements and issues in the following BUG IDs:
• BUG 17456466 - WILL ORACLE BE ADDRESSING THE CHANGES RULED IN THE DOL VEVRAA SECTION 503 CH2. – This addresses the reporting for Disabled Employees
• BUG 17456416 - WILL ORACLE BE ADDRESSING THE CHANGES RULED IN THE DOL VEVRAA SECTION 503, 60-74 – This addresses the reporting for Disabled Applicants
• Bug 17510724 - OFCCP - VEVRAA & SECTION 503 - CHANGES REQUIRED FOR MARCH 24, 2014  - Veterans Information – This addresses the reporting for Veterans

While we understand the requirement to implement these changes by March 2014, as with any new legislation we need to understand fully what the requirements are and the impacts across all products in HCM to deliver a complete solution for our customers.   A Position Statement outlining our strategy on this new legislation will be forthcoming and look to the BUG IDs for updates to the planned solution.

Highlights of the Final Rule can be found on the Department of Labor site:

http://www.dol.gov/ofccp/regs/compliance/vevraa.htm
http://www.dol.gov/ofccp/regs/compliance/section503.htm

Monday Nov 11, 2013

PeopleSoft HCM - 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. 

Wednesday Sep 25, 2013

Legislative Update for PeopleSoft Global Payroll Singapore

The PAT - IRAS file specification has been updated to incorporate the latest Inland Revenue Authority of Singapore policy changes. Only version 9.0 will be accepted for IRAS submission via PAT system for year of assessment 2014. Customers shall have to comply with this change. 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. The Position Statement can be found on My Oracle Support, Document ID 1541852.1.

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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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