Adding an employee pension involves enrolling an eligible employee into a pension scheme, allowing them to save for retirement and benefit from contributions made by both the employee and the employer.
This action should be completed when onboarding a new employee, after changes to an existing employee's status, or when initiating a new pension scheme.
To learn how to manage employee pensions, watch the video or follow the steps below:
Click Employee then in the Search Name field, search for the relevant employee.
Click View then click the Pension tab.
Click Add then from the Select Scheme dropdown menu, select the relevant pension scheme.
📌Note: If the scheme defines both employee and employer contributions, the system populates the relevant fields automatically.
In the Start Date field, enter a start date.
If required, update the prepopulated data using the override fields.
In the Auto Enrolment area, from the Auto Enrolment Opt In Event dropdown menu, select an option.
Complete any additional details then click Submit.
Add an end date to end the pension record.
For further guidance, check the Maintain Pension by employee user guide.