Record Additional Pension Contributions
Use the Calculation Cards task to record an employee’s additional pension contributions:
- Open the employee’s Benefits and Pensions card.
- Create the additional contribution type that you created an element for previously.
Note: There is no validation between the parent scheme and the additional contribution types
selected on the card. It is a user responsibility to configure valid combinations of
additional contribution elements and the main pension scheme with which they are
associated.
Field | Description |
---|---|
Partial Deduction Allowed | Specify whether partial deduction is allowed or not for this employee. |
Payee | List of third-party payees created as pension providers. |
Additional Pension Employee Contribution |
Enter a percent or flat amount as determined by the element template setup. |
Additional Pension Employer Contribution | Enter a percent or flat amount as determined by the template setup. |
Reference Number | Allows you to record a reference number that may be provided by the third-party pension provider. Note: This is different to the Pension Payroll ID |