Pension Scheme Additional Data Capture

For all pension schemes except Alpha and Partnership, you can enter additional data on the pension calculation card.

FIELD	DESCRIPTION
Normal Retirement Date Override	Allows you to override the employee’s normal retirement date. This is reported in the Basic file.
Transition Date	Allows you to record the employee’s date of transition to Alpha

FIELD

DESCRIPTION

Normal Retirement Date

Override

Allows you to override the employee’s normal retirement date. This is reported in the Basic file.

Transition Date

Allows you to record the employee’s date of transition to Alpha

Pension Rates Override

Partnership – Employee Contribution Rate

For the Partnership scheme, members do not have to contribute but may decide to do so; if they do, they also decide on the level of contribution.

To record the employee’s contribution to the Partnership scheme, follow the steps mentioned above, selecting Percentage for Employee Contribution and the percentage rate.

Partnership – Employer Matching Contribution Rate

You can record the employer matching contribution rate using the Calculation Values on the Calculation Card.

To record the employer’s rate, follow the steps mentioned above, selecting Employer Matching Percentage and the percentage rate.

Use of Other Calculation Value Overrides

You can override other calculation values using overrides on the member’s calculation card.

This table summarises which of those values can be used for Civil Service Pension Schemes:

CALCULATION VALUE	SCHEME AVAILABLE	DESCRIPTION
Employer Matching Percentage	Partnership scheme	Allows you to enter the Employer Matching percentage in cases where the employer decides to match the employee’s contribution.
Normal Retirement Age	All	Not used for Civil Service Pension schemes.
Partial Deduction Allowed	All	Do not use this for any Civil Service Pension Schemes.
Payee	All	Not used for MyCSP reporting, but you can enter a third-party payee to make a payment using Oracle Cloud Payroll.
Percentage for Employee Contribution	All	Use the Partnership scheme to record the employee’s chosen contribution rate. Note: Do not use this for any other Civil Service Pension Schemes.
Percentage for Employer Contribution	All	Do not use this for any Civil Service Pension Schemes
Reference Number	All	Allows you to record a reference number that may be provided by the third-party pension provider. Note: It is different to the Pension Payroll ID used to report the member’s assignment to MyCSP.