Define Contractual Enrolment
You can record organization and payroll relationship information on the Pensions Automatic Enrolment calculation card. You can enable contractual enrolment assessment and maintenance of employees in addition to the current pension scheme enrolment obligation.
Organization-Level Calculation Card
At the organization level, you can use the flexfield Pensions Contractual Enrolment Information in the Pensions Automatic Enrolment calculation card for contractual enrolment. Contractual opt-in, back-dated transfer and transfer are considered as contractual joining actions.
To enable this feature, enter the values described here:
|
Field |
Value |
|---|---|
|
Process Contractual Element |
Set this to Yes. |
|
Eligibility |
Eligibility of employees. Select one of these options:
|
|
Eligibility Formula |
User eligibility formula. Select the eligibility formula used to determine the employee eligibility using the naming convention %CONTRACTUAL ELIGIBILITY%. |
|
Pension Scheme |
Select the default contractual pension scheme. |
|
Pension Scheme Formula |
Select the user formula to determine the contractual pension scheme using the naming convention %CONTRACTUAL PENSION%. |
|
Opt-Out Period |
Select the period, which is the unit of measure used to derive the opt-out period end date, whether in weeks, months, or based on formula. The default period is 3 months. |
|
Opt-Out Factor |
Select the factor, which is the factor applied to the unit of measure to get the opt-out period end date. |
|
Opt-Out Formula |
Select the formula to get the opt-out period end date using the naming convention %CONTRACTUAL OPT OUT%. |
|
Opt-Out Application Rule |
Select the application rule to specify whether the opt-out period end date should be derived each time an employee joins a pension scheme, or only the first time, or if the date should be entered manually. |
Examples of Contractual Enrolment
| Example | Process Contractual Enrolment | Eligibility | Eligibility Formula | Pension Scheme | Pension Scheme Formula |
|---|---|---|---|---|---|
| Contractually enrol all employees into the same pension scheme, for example, Alpha pension scheme. | Yes | All employees | NA | Alpha | NA |
| Contractually enrol only certain employees into the same pension scheme. | Yes | Based on formula | Eligibility formula tshoulr return a value of PCE_ELIGIBLE =
Y, if the employee is eligible for the Alpha pension
scheme. |
Alpha | NA |
| Contractually enrol employees into different schemes | Yes | Based on scheme | NA | Alpha | Predefined fast formula, using naming convention %CONTRACTUAL PENSION%, which returns the variable QPS_ID with the ELEMENT_TYPE_ID of the pension scheme. If a value other than zero is returned, the employee is eligible to join the scheme and enrolled accordingly. |
Person -Level Calculation Card
At a person level, in the Pensions Automatic Enrolment calculation card, you can use the Transfer Qualifying Scheme Name option to support contractual enrolment.
The Pensions Automatic Enrolment Multiple Updates process uses the results from the assessment run and updates the Pensions Automatic Enrolment calculation card, and creates the Contractual Pension Scheme components when employees are eligible. The Pensions Automatic Enrolment report also provides notifications for contractual enrolments.