Enables you to specify date-effective parameters for the CSP Alpha Career Average Revalued Earnings (CARE) scheme, including a number of user-definable pay element categories and pay bands consisting of a maximum actual annual earnings value and the corresponding employee contribution rate.

General

Effective Date

Enter the effective date of the type 11 Alpha scheme parameters that you want to maintain, or select one from the drop-down list.

If the effective date does not exist, a prompt is displayed allowing you to create the new date. If you choose to create the new effective date, New Parameters is displayed where you can copy an existing set of parameters and amend the details.

Classic <= £15000 Rate

Enter the percentage rate for previous Classic scheme members who earn £15000 or less.

AVC2 PE Cat

Enter the ID of the pay element category that contains all the pension pay elements that are used to deduct Alpha Additional Voluntary Contributions (AVC2), or select one from the drop-down list.

AVC2M PE Cat

Enter the ID of the pay element category that contains all the pension pay elements that are used to deduct Alpha Additional Voluntary Contributions Member Only (AVC2M), or select one from the drop-down list.

EPA PE Cat

Enter the ID of the pay element category that contains all the pension pay elements that are used to deduct Alpha Effective Pension Age Contributions (EPA), or select one from the drop-down list.

Ees Rate Excl PE Cat

Display only. This field holds the pay element category CSPERX, which enables the user to define which pensionable pay elements should be excluded from the employee banding rate.

Ers Rate Excl PE Cat

Display only. This field holds the pay element category CSPRRX, which enables the user to define which pensionable pay elements should be excluded from the employer banding rate.

Pay Bands

Band

Display only. The number of the pay band.

Annual Earnings (Inclusive)

Enter the maximum actual annual earnings for this pay band.

Employee's Contribution Rate %

Enter the employee's contribution percentage for this pay band.

Buttons

Letters / Emails

Click to open the Pension Scheme Standard Letter and Email Message window.

MD25G50