The total minimum pension contribution rate for your qualifying pension scheme is 8.00% with at least 3.00% coming from the employer. You can change the default contribution amount, which will effect new employees who enrol. You can also edit individual employees contributions when processing the pay run. How to check or edit an employee’s pension contribution details You control an employee's Percentage, Fixed amount or Additional voluntary contribution (AVC) contribution when you process the payroll. Employee deductions differ from those expected The pension deductions taken from your employees aren't always the amounts you expect. The percentage, fixed amount or AVC contributions aren't the only factor used in calculating the pension. You can edit the setup of the pension. Each provider has different criteria so if you’re unsure of your settings, check with your provider. Read Employee pension deductions differ from those expected. Editing the scheme Once you have the above information, amend the setup of the pension in payroll. Read Edit a pension scheme. |