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Add New Pension Scheme

Use

Here you can setup a full-fledged self defined auto enrolment pension scheme.

Path

Pension  > Auto Enrolment Pension (AE) Setup > Pension Provider > Additional AE Pension settings > Add New Pension Scheme

OR

Bureau Main Page > Admin Payrun > Enter > Pension > Auto Enrolment Pension (AE) Setup > Pension Provider > Additional AE Pension settings > Add New Pension Scheme

OR

Multi-Sites Payroll Starter > Head Office Details > Pension > Auto Enrolment Pension (AE) Setup > Pension Provider > Additional AE Pension settings > Add New Pension Scheme

Fields Available

Auto Enrolment Details

• Auto Enrolment Employer's Staging Date: Enter here the Employer's Staging Date.
• Cyclical Automatic Re-Enrolment Date: Please 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: Enter here the Deferral Date.
• Employer's/Contractor's PAYE Reference: Enter here the Employer's/Contractor's PAYE reference.
• Employer's UTR Type: Enter here the Employer's UTR reference.
• Corporation Tax Unique Taxpayer Reference (UTR): Enter here the Corporation Tax UTR reference.
• Authorised Signatory Surname: Enter here the surname of the Authorised Signatory.
• Authorised Signatory Forename: Enter here the forename of the Authorised Signatory.
• Authorised Signatory Job Title: Enter here the job title of Authorised Signatory.

Pension Provider Details

• Pension Provider Name: Here the name of the pension provider will be displayed here.
• Employer Pension Scheme Ref.(EPSR) :Enter here the employer pension scheme Ref.(EPSR) is displayed here.
• Pension Scheme Name : Enter the pension scheme name here.
• Pension Scheme Registry No.(PSR): Enter the pension scheme registry number here.
• Pension Provider's Address: Enter here the pension provider address here.
• Town/City: Enter here the Town/City name here.
• County: Enter here the County name here.
• Post Code: Enter here the post code.
• Country: From the drop down select the appropriate country were you are working.
• Pension Provider's Tel No.: Enter here the Pension provider telephone number here.
• Pension Provider's Fax No.: Enter here the pension provider Fax No here.
• Pension Provider's E-Mail: Enter here E-Mail of the pension provider here.
• Pension Provider's Contact Person's Name: Enter the name of the person who is responsible on behalf of the pension provider.
• Pension Provider's Contact Person's Mobile: Enter the contact person mobile number here.

Pension Scheme Details

• Scheme Name/Group Name: Enter here the Scheme name/Group name will be displayed here.
• Group Ref: Enter here the Group reference.
• Other Ref: Enter here the Other ref (if any).
• Pension Submission Frequency: Here from the drop down select the Monthly / Weekly / 2Weekly / 4Weekly / Quarterly / Bi-Annual / Annual frequency.
• Opt Out Period: The opt out period will be displayed here.
• Delay Opt Out Period:Here you can select the delay Opt Out period in days.
• Use this as a default scheme?: Selected “YES” or “NO” from the drop down will be displayed here.
• Occurrence: Select Recurring or Non Recurring from the drop down.
• Retirement age :Enter the retirement age here.

Employee Contribution

• Deduction Type:Select from the drop down the deduction type.
• Deduction Value : Enter here the Employee's pension contribution deduction value.
• Tax Relief Arrangement: Select from the drop down the tax relief arrangement.
• Earnings Basics: Select from the drop down the earnings basics.

Employer Contribution

• Deduction Type: Select from the drop down the deduction type.
• Deduction Value : Enter here the Employer's pension contribution deduction value.
• Earnings Basics: Select from the drop down the earnings basics.

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 AE Pension settings screen.
• Save:To save the details you have enter, Please click on the save button.

Related Topics

None.