PeopleSoft Benefits Administration Overview
When you build on the Manage Base Benefits business process in PeopleSoft HR by adding PeopleSoft Benefits Administration, you can:
Automate eligibility checking and respond to Human Resource events that might affect benefits enrollment, based on your eligibility and event rules.
Administer multiple, simultaneous plan years, according to enrollment rules that you define.
Calculate benefit costs and coverage amounts independent of PeopleSoft Payroll for North America.
Define and process a variety of flexible credits, both general and plan-based.
For federal users, administer multiple, simultaneous open seasons for different benefit plan types.
Establish the foundation for implementing self-service enrollment using PeopleSoft eBenefits.
Define flexible spending account (FSA) information for employees.
Process health-care and dependent-care FSA claims.
Track and view claim and payment data.
Disburse monies.
Note: PeopleSoft Benefits Administration is designed to be a supplement to the Manage Base Benefits business process. You cannot run the processes and procedures detailed in this book until you set up the Manage Base Benefits business process.
PeopleSoft Benefits Administration is a US-centric and Canada-centric product, supporting only US and Canadian legislative and regulatory requirements.