Backdated Transfer from Qualifying Scheme to Another Scheme

You can back date a transfer from a qualifying pension scheme in which in which an employee is currently enrolled to a new one.

Backdated transfer can only be selected within the 3 months of joining scheme. The process will automatically end date the existing pension component and create a new one. Before you start, you must ensure that the employee is currently enrolled in a qualifying scheme.

Update the Pensions Automatic Enrolment Card

1. Use the Calculation Cards task to open the employee's pensions calculation card.

2. In the component details, select EditCorrect.

3. Complete the fields as shown here:

   Field	Value
   Transfer Qualifying Scheme Name	Name of the new scheme
   Reason for Leaving Qualifying Scheme	Backdated Transfer

4. Save the calculation card.

5. Run the Pensions Automatic Enrolment Assessment Multiple Update process.

   The process end dates the current pension scheme, creates the new pension scheme from the join date, and copies the pension payroll ID from the previous scheme to the new scheme component. You must manually handle any refunds from deductions in the original scheme.