Employee Pension Detail
This screen is used to add and maintain details, relating to the set employee, of any pension scheme they are a member of.
Pension Scheme
Select the pension scheme to which the employee is a member of. If no pension scheme exists set it up via the Payroll menu.
Employee Pension Reference
Enter the reference by which the employee is known within the pension scheme.
Date Joined Scheme
Enter the date which the employee joined the pension scheme. If in the current year then pension deductions will take place in the next relevant pay run after this date.
Date Left Scheme
Enter the date when the employee left the pension scheme. If in the current year then pension deductions will cease at the next relevant pay run after this date.
Employee Contribution Override
Enter an override deduction amount which is different to the scheme normal deduction. If the scheme is usually a percentage deduction then enter a new percentage i.e. If the scheme norm. is 6%, then by entering 15, the employee deduction will be 15%. If the scheme norm is a fixed amount of £75 deduction, then by entering 100, the employee deduction will be £100.
Employer Contribution Override
Enter an override deduction amount which is different to the scheme normal deduction. If the scheme is usually a percentage deduction then enter a new percentage i.e. If the scheme norm. is 6%, then by entering 15, the employer deduction will be 15%. If the scheme norm is a fixed amount of £75 deduction, then by entering 100, the employer deduction will be £100.
AVC Contribution
Choose how AVC (Additional Voluntary Contributions) contributions by the employee will be calculated. Select either Percentage or Fixed Amount. The percentage will be applied to the sum of those pay elements indicated to be included in the Pensionable Gross.
Enter either the percentage amount as 6.50 or an amount as 75.00.