Pension Schemes
Enables you to set up and maintain parameters for the pension schemes your organisation may use.
Note: Not all fields are applicable for all legislation types.
On completion of this screen, you should set up the Pay Elements for your schemes using Maintain Pay Element Definition. If you created Pay Elements as part of defining pension schemes this screen will be displayed automatically. You can then assign these pay elements to the Employees on the scheme.
To access this screen, enter fast path HR25S21.
Selection
Scheme
Enter the ID of the scheme that you want to maintain, or select one by clicking WINDOW to display Select Pension Scheme.
If the scheme does not exist, a prompt is displayed allowing you to create the new scheme.
General
Legislation
Display only. The country's legislation applicable to this scheme.
CSP Type
Display only. This field is only displayed for UK legislation Civil Service Pensions. Displays the type of Civil Service Pension, from Part 1, Partnership or both.
Scottish Teachers
This field is only displayed for Teachers' CARE (Type 10, variant T) schemes or for Employee Percentage with Threshold (Type 3) schemes.
Select this check box to indicate that the pension scheme is a Scottish Teachers scheme and should be included in the SPPA Returns.
Short Description, Long Description
Enter a short and long description of this scheme.
Scheme Type
Enter the code of the scheme contribution type, or select one from the drop-down list. The options are set up in the PENTYP narrative category.
Associated windows are displayed for the following contribution types:
- Scheme Types 1 & 3 Detail
- Scheme Type 2 Detail
- Scheme Type 4 Detail
- Scheme Types 5 & 6 Detail
- Scheme Parameters (Type 10)
- CSP Alpha Scheme Parameters (Type 11)
- AE Scheme Percentages
- Guernsey AE Scheme Percentages
Additional pension scheme types include:
- FPERC - allows input of both Employees and Employers formula at pay element definition level based on percentage values defined against the element at employee level.
- FVALUE - allows input of both Employees and Employers formula at pay element definition level based on monetary values defined against the element at employee level.
- N-Type - allows input of both Employees and Employers formula at pay element definition level based on N-type pay elements.
Salary Sacrifice
This field is only displayed for UK legislation types. Select this check box if the scheme is a salary sacrifice scheme. Do not select this check box if your pension pay element is attached to a salary sacrifice scheme in Salary Sacrifice Scheme Pay Elements.
Scheme Detail
Click WINDOW to display one of the scheme windows detailed above, where you can enter specific parameters that apply to the pension scheme. For scheme types 1 to 6, a date selection window will also be displayed.
Marg. Rate Ind.
Enter E - employees, R - employers, or B - both to specify the marginal rate calculation used if you have selected a type 2 scheme.
Scheme Group
Enter the ID of the group to which this scheme belongs, or select one from the drop-down list. The options are set up in the PENSCG narrative category.
Fund Number
Enter the approved fund number.
EEs Maternity PE
This field is only displayed for IM and UK legislation types, and it is not enabled for scheme type FPERC, or FVALUE. Enter the notional N-type pay element code to determine the employee's pension contribution when the employee is on parental leave, or select one by clicking WINDOW to display Pay Element Selection - 48. This notional pay element must not be flagged as taxable, NI'able or pensionable, nor should it have any part-payment settings.
If the employee is in a pension scheme and this pay element is active during the current pay cycle, the notional value is used to determine the employee's pension contribution instead of the employee's actual pensionable pay. This enables pension contributions to be maintained at normal levels for employees on parental leave, rather than being reduced based on the parental leave pay.
Note: The fund number is validated against the PENSFUNDXX field template, where XX corresponds to the country code.
SCON Number
Enter the Scheme Contracted Out Number (SCON) if the scheme is contracted out. The format for this is ‘S’ followed by 7 numbers, followed by a letter. The SCON No is provided by HMRC and is required for the P14. An employee can belong to only one superannuation scheme that has a SCON.
ERs Maternity PE
This field is only displayed for IM and UK legislation types, and is not enabled for scheme type 10, FPERC, or FVALUE. Enter the notional N-type pay element code to determine the employer's pension contribution when the employee is on parental leave, or select one by clicking WINDOW to display Pay Element Selection - 48. This notional pay element must not be flagged as taxable, NI'able or pensionable, nor should it have any part-payment settings.
If the employee is in a pension scheme and this pay element is active during the current pay cycle, the notional value is used to determine the employer's pension contribution instead of the employee's actual pensionable pay. This enables pension contributions to be maintained at normal levels for employees on parental leave, rather than being reduced based on the parental leave pay.
Note: For any notional amount to be applied, you must define the notional pay element against the employee’s fixed pay elements for the period of absence.
AVC Detail
Click WINDOW to display AVC Scheme Detail, where you can maintain AVC details.
Obsolete Date
Enter the date on which this scheme becomes obsolete.
AES Type
This field is only displayed for UK or GG legislation types. Enter the code that represents the scheme type for auto enrolment purposes, or select one from the drop-down list. The options are set up in the AESTYP narrative category. Use the QPS code if this scheme is a qualified/aprroved pension scheme; use the OTHER code if this scheme is not used for auto enrolment purposes. The YIP code is only available for the GG legislation type, and NEST is only for the UK.
AES / QPS Detail
This field is only enabled if the scheme type is AES, NEST, YIP, or QPS. Click window to display one of the following windows depending on the scheme type:
- AES or YIP schemes - Guernsey Auto Enrolment Scheme Details is displayed where you can specify additional scheme parameters relevant to the auto enrolment scheme.
- QPS schemes for UK legislation - Qualified Pension Scheme Details is displayed where you can specify the opt out duration for the QPS scheme.
- QPS schemes for GG legislation - Guernsey Qualified Pension Scheme Details is displayed where you can specify the scheme details and opt out duration for a qualifying/approved pension scheme.
- Other schemes - Auto Enrolment Scheme Details is displayed where you can specify additional scheme parameters relevant to the auto enrolment scheme.
EBAND Scheme
This field is only displayed for UK legislation types and is only enabled for scheme type 3 if it has a AES type of QPS. Enter the ID of the Earnings Band scheme parameter set that you want to use to determine the contributions percentage for employees who are auto enrolled or opt into a QPS scheme that uses Earnings Bands, such as a Local Government Pension or Teachers Pension QPS scheme.
When an employee is auto enrolled or opts into a scheme with an Earnings Band scheme parameter set against it, pay elements associated with the earnings band parameters are created against the employee.
Pensioned Backpay Gross (EE), Pensioned Backpay Gross (ER)
Enter the ID of the pay element that corresponds to the optional accumulator that should be used for storing the gross amount used for employee / employer pension calculations during the backpay process. The relationship between accumulator number and pay element is: accumulators 01 to 10 relate to pay elements 0800, 0810, 0820 etc and accumulators 11 to 30 relate to pay elements 0600 to 0620.
These accumulators are mandatory if there are any pension pay elements attached to the pension scheme that have been set up for backpay calculations.
Note: If you currently have reports that include the cumulative pensionable gross, you must change these reports to include these accumulators to identify the gross used for backpay pension calculations. The values in these accumulators will be negative; you must add them positively to the cumulative pensionable gross to calculate the total.
Contracted Out
Select this check box if the pension scheme is contracted out.
Default NI Cat.
This field is only enabled if the scheme is contracted out. Enter the default contracted out National Insurance category, or select one from the drop-down list.
When an employee
The employee's National Insurance category is also changed as above when they are auto enrolled or opt into a QPS scheme that is contracted out with a default National Insurance category of D. If the employee is auto enrolled into a QPS scheme by attaching the relevant fixed pay element, the contracted-out default National Insurance category is applied to the
Note: Contracted Out NI Categories are no longer valid from April 2016 onwards and a warning message will be displayed if this field is updated to inform the user of this.
Max Pension Age
Enter the maximum pension age that the pension scheme applies to. Contributions must stop from the day on which the employee reaches this age.
This field is mandatory for MyCSP Part 1 schemes except for the Partnership schemes.
Pension Tax Relief
This field is only displayed for Irish legislation types. Enter E (employee), C (employer) or B (employee and employer) to specify if employee, employer or both employee and employer pension contributions attract tax relief on an age-related basis. Alternatively, leave this field blank if the scheme is excluded from pension tax relief on an age-related basis.
Note: N type pay elements used for pension deductions must be allocated to a N-TYPE pension scheme to be able to attract tax relief on an age-related basis.
Deduct Excess Conts.
This field is only displayed for Irish legislation types. Enter Y if pension contributions that exceed the maximum tax relief amount should be deducted from net pay or leave blank if pension contributions should be capped at the maximum tax relief amount. The maximum tax relief amount is determined from the employee's age and the corresponding percentage. This overrides the control group setting specified in Ireland Company Details.
Buttons
Pay Elements
Click this button to display Attached Pay Elements, where you can view which pay elements are attached to the scheme. You attach P type pay elements to a scheme when you define the pay element.
User Fields
Click this button to display Simple User-Defined Field Data if user-defined fields have been set up by your system administrator. These are extra fields used to record additional information that are specific to your organisation.
Notes
Click this button to display Maintain Note Detail, where you can enter any notes or comments you want to record.
MD25S21