How Pension Calculation Cards are Updated

The application updates the Benefits and Pensions calculation card and the Pensions Automatic Enrolment calculation component when the employee enters data using the employee self-service option.

A professional user can access and update these calculation cards, if required.

• The pension process treats the employee self-enrolment as a manual enrolment. The application processes the employee and updates any other values for the pensions automatic enrolment component. If the criteria for the opt-in is met, the process sets the method to Opt-In.
• If the employee unenrols from the scheme, the process treats the leaving reason as Left Scheme or Opt-Out. If the employee self-unenrol reason was set within a month of the employee's joining date, the process changes the reason to Opt-Out based on the current opt-out rules.

Here's what happens if the pension scheme is set up at the organization level and no value is provided for employee contribution:

• If a pension is enrolled using the employee self-service, the default contribution values for employee and employer contributions defined at the time of element creation are used.

• If a Benefits and Pensions calculation is automatically created through the Pensions Automatic Enrollment process, the default values will not be fetched from the element. If no overrides are defined, it will be blank. Otherwise, the contributions are taken from the overrides.