Overview of Pension Automatic Enrolment

You can retrieve AEPN details from NAERSA, deduct MyFutureFund contributions and generate the contribution submission details.

Here are the key tasks and processes:

• Run the Retrieve AEPN Details process to collect AEPN details for your employees.
• Manage or Create My Future Fund calculation card.
• Generate Contribution Submission Details.

Elements

These elements enable you to manage My Future Fund calculations:

• My Future Fund (this is associated to the My Future Fund calculation card and initiates My Future Fund calculation processing)
• My Future Fund Processor
• MyFutureFund Employee Contributions
• MyFutureFund Employer Contributions
• MyFutureFund Arrears Borne by Employer
• MyFutureFund Arrears Paid by Employer
• MyFutureFund Total Employee Contributions Paid to NAERSA
• MyFutureFund Messages

Subclassifications

• MyFutureFund Pensionable Earnings Standard
• MyFutureFund Pensionable Earnings Supplemental
• MyFutureFund Pensionable Earnings Absences

Balances

• MyFutureFund Pensionable Earnings (this balance is fed by any elements with MyFutureFund subclassifications)
• MyFutureFund Employee Contributions
• MyFutureFund Employer Contributions
• MyFutureFund Arrears Borne by Employer
• MyFutureFund Arrears Owed to the Employer
• MyFutureFund Total Employee Contributions Paid to NAERSA