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Minimum compliance AE Pension setting Edit
Use
Here you need to just enter the Staging date and Pension Account Reference to setup the pension. Minimum Compliance AE setting allow you to easily setup a default pension scheme. Once you select this option, the system will automatically assign the minimum contribution rates, and will automatically increase in accordance with the phasing dates laid down in legislation.
Path
Pension > Auto Enrolment Pension (AE) Setup > Pension Provider > Minimum compliance AE Pension settings edit
OR
Bureau Main Page > Admin Payrun > Enter > Pension > Auto Enrolment Pension (AE) Setup > Pension Provider > Minimum compliance AE Pension settings edit
OR
Multi-Sites Payroll Starter > Head Office Details > Pension > Auto Enrolment Pension (AE) Setup > Pension Provider > Minimum compliance AE Pension settings edit
Fields Available
Minimum compliance AE Pension setting Edit
- Staging Date: Here you can enter the Staging Date of your employee's will be displayed here.
- Cyclical Automatic Re-Enrolment Date: Here you can enter the Re-Enrolment date. By law, employer must put their eligible jobholders who are no longer in pension saving (because they chose to opt out or cease membership after the employer’s staging date)back into an automatic enrolment scheme on a three-yearly cycle.
- Deferral Date: Here you can enter the Deferral Date of your employee's will be displayed here.
- Pension Provider Name: The Pension Provider name will be displayed here.
- Employer Pension Scheme Ref (EPSR): The EPSR can be edited here.
Pension Scheme Details
- Group Name: Here you can enter the Group Name of pension scheme holder.
- Group Ref.: Here you can enter the Group Reference.
- Other Ref.: The Other Ref. if any will be displayed here.
- Pension Submission Frequency: Here the Monthly / Weekly / 2Weekly / 4Weekly / Quarterly / Bi-Annual / Annual frequency will be displayed here.
- Delay Opt Out Period: The Delay Opt Out Period in days will be displayed here.
- Opt Out Period: The Opt Out Period will be displayed here.
- Use this as a default scheme?: The pension scheme which you have assigned to your employee's should be used as default scheme or not will be displayed here.
- Occurrence: The pension scheme should be recurring or non recurring will be displayed here.
- Retirement age: The Retirement age of employee's will be displayed here.
Employee Contribution
- Earnings Basis: The Earnings Basis of employee's will be displayed here.
- Deduction Type: The Deduction type will be displayed here.
- Deduction Rate: The Deduction rate will be displayed here.
- Tax Relief Arrangement: The Tax Relief Arrangement of employee's will be displayed here.
Employer Contribution
- Deduction Type: The Deduction type will be displayed here.
- Deduction Rate: The Deduction rate will be displayed here.
Associated Tasks
- Back: If you have finished viewing the details and wish to leave this screen, click on this button. You will be taken back to, Minimum compliance AE Pension settings view screen.
- Save: To save the pension details, click on this button.
Related Topics
Minimum compliance AE Pension setting View