Set Up Elements for Qualifying Pension Schemes

You must create an element for each qualifying pension scheme into which you plan to enrol workers.

1. To create the elements, go to the Elements task.
2. On the Create Element window, specify the values as shown here:

   Field	Value
   Legislative Data Group	Relevant LDG
   Primary Classification	Pre-Statutory Deductions
   Secondary Classification	Pension Plan Pre-Statutory or Pension Plan After Tax
   Category	Benefit

3. On the Elements page, answer Yes to the question, Is this a Qualifying Pension Scheme?
4. After saving the element, define eligibility. This allows the Pensions Automatic Enrolment Assessment process to create a qualifying pension scheme component and associated element entries when it enrolls employees in the qualifying pension scheme.
   When entering the deduction percentage for either the employee or the employer contribution, you must enter the values as decimals; for example, enter 0.05 for 5 percent deduction percentage.

   Note: It is not necessary to define eligibility for the Employee and Employer Contribution elements, as these are indirect elements.