Saturday, December 22, 2007

Chicago PeopleSoft Implementation Shorts Teacher's Retirement Checks

No surprise here: Chicago Public Schools implemented PeopleSoft and promptly began shorting teacher's retirement checks. After six months or so, the problem is still not fixed, and PeopleSoft is still sending bad information to the pension fund:

About 1,700 recently retired teachers, principals and administrators have had pension paycheck problems since the Chicago Public Schools converted to a PeopleSoft payroll system, which has been giving inaccurate salary and pension contribution information to the Chicago Teachers' Pension Fund for months, Pension Fund officials say.
Retirees report their checks are short anywhere from $300 to $1000 per month.

Pay shortage 'a cheap shot': CPS retirees [Chicago Sun-Times]

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