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Assign Salary Sacrifice for AE Pension

Use

In this section you assign Salary Sacrifice to individual employee. Select the Salary Sacrifice and Employee Contribution from the drop down to setup the salary sacrifice for AE Pension. You can also edit the employee Scheme Details.

Path

Pension >  Group Assign > Assign Salary Sacrifice to AE Pension

Fields Available

• Works No.: Here employee's works number will be displayed here.
• Employee Name: The employee name will be displayed here.
• Scheme Details: Under this you can view/edit scheme details for your employees.
• Salary Sacrifice: A salary sacrifice arrangement is an agreement between an employer and an employee to change the terms of the employment contract to reduce the employee’s entitlement to cash pay. This sacrifice of cash entitlement is usually made in return for some form of non-cash benefit. Select from the drop down 'YES' or 'NO'.
• Employee Earnings Basis: Select from the drop down the earning basis Full, Qualify or Custom to be assign to individual employee.
• Employee Contribution: Select from the drop down the employee contribution, Fixed Amount or percentage of Earning Base.
• Employer Earnings Basis: Select from the drop down the earning basis Full, Qualify or Custom to be assign to employer.
• Employer Contribution: Select from the drop down the employer contribution, Fixed Amount or percentage of Earning Base.

Associated Tasks

• Back: If you wish to exit this screen without saving the changes, click on this button. You will be taken back to Group Assigning Pension Scheme screen.
• Save Settings: To assign salary sacrifice to employee concern, click on this button.

Related Topics

View Print Salary Sacrifice Letter