Personal or Stakeholder Pension Contributions

Create Personal/Stakeholder Pension (outside of LGPS) using the voluntary deductions template, secondary classification Addition Pension Contributions After Tax.

To create the element and element eligibility follow the same steps as above.

Additional Pension Contributions: Suggested Element Combinations

Additional Contribution Type Scenario
Stakeholder Pension Recurring to allow for periodic or lump sum payments (lump sum payments will need to be end-dated at the end of the period the lump sum was taken)
With or without employer contributions