Two individuals felt they could do a better job implementing the PeopleSoft Pension Administration product by developing an entire firm, dedicated to the product. Based on this ambition, Joseph Lojko and Mark Tomsheck combined their knowledge, experience and philosophies and founded PensionSmart. The company is still centered on the basic principle that by concentrating exclusively on one thing, you can do it better.

Our feeling is that by focusing our business exclusively around this product, we are able to more effectively hire and train consultants, deliver specialized services, and implement the Pension Administration product. We do not experience the high volume that we might with Payroll, HRMS and other modules. But in this case, we feel that the lower volume fits with our goal of delivering the very best services.  We have chosen quality over quantity because that is how we measure success.

Joseph A. Lojko

Joe Lojko strives to bring the best quality service to PensionSmart customers. Mr. Lojko achieves this goal through hiring and training the best consultants in the industry. Mr. Lojko also continues to enhance the implementation process through improving methodologies and developing specialized tools for implementing the Pension Administration product.

Mr. Lojko has also contributed to the improvement of the Pension Administration product through providing his own services to the PeopleSoft Pension Administration development teams during the release cycles of PeopleSoft 7.5 and PeopleSoft 8.

Joseph Lojko has been designing, developing and implementing benefit calculation software since 1995. Before co-founding PensionSmart, Mr. Lojko worked for PeopleSoft Professional Services as the Pension Administration product lead. In addition to providing services for the PA product, as product lead Mr. Lojko supported other PeopleSoft consultants working with the Pension Administration product and worked with product development, product strategy and strategic customers for PeopleSoft.

Previous to his employment at PeopleSoft, Mr. Lojko worked for William M. Mercer, Inc., with pension benefit calculation and administration software. At Mercer, Mr. Lojko designed, developed, implemented and supported pension administration software products for Mercer clients and for internal use.

Mark W. Tomsheck

Mark Tomsheck is a founding partner of PensionSmart, Inc. His primary focus is the delivery of an extraordinary level of service as demonstrated on his client assignments. He is dedicated to developing a team of product experts through strategic hiring and comprehensive training. Also, he is focused on methodology improvements, including the development of a suite of implementation utilities. Mr. Tomsheck presented at the 1999 PeopleSoft Conference detailing innovative solutions to challenges encountered implementing Cash Balance functionality through PeopleSoft Pension Administration.

Mr. Tomsheck has been working with PeopleS Pension Administration module since 1997, and with retirement plan administrative systems since 1993. Mr. Tomsheck has been responsible for initial system definition, development, testing, documentation, and maintenance of both custom and packaged applications. His professional experience includes plan administration systems for Private, Public, and Non-Profit entities of varying sizes.

Mr. Tomsheck has been assigned to Chase Manhattan Bank, implementing PeopleSoft Pension Administration for their Cash Balance plan. His expertise with the pension module was utilized in conducting the fit/gap analysis, system parameterization, and PeopleTools and COBOL Development. Mr. Tomsheck's role as Calculation Team Lead has included the training and coordination of a team of consultants and client employees engaged in the delivery of all necessary calculation components. Mr. Tomsheck was also responsible for Pension Administration incident reporting and resolution.

Mr. Tomsheck has also been assigned to PeopleSoft, Inc., where he provided consulting on PeopleSoft Pension Administration incident resolution. Primary responsibilities have included incident replication, resolution development, staff training, and development of a regression-testing environment.

Mr. Tomsheck has a Bachelors degree in Actuarial Mathematics from Purdue University.