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Pension Scheme Validity Validations

FastTrack360 Version 12 Online Help

Pension Scheme Validity Validations

Description

Pensionable Pay Code Groups

Current functionality allows different pay code groups to define different pensionable pay elements for the employer to the employee pensionable pay, which in turn can result in contribution rates being calculated against two different groups and therefore does not align with the contribution file.

Where a pay code group has been assigned in the deduction header and applied in the pension scheme validity, the same pay code group must be assigned to the employer contribution rate rule.

Pension Scheme Deduction

The pension deduction must be unique to the scheme , the deduction or rate rule can not be used on more than one scheme regardless of the provider.

Benefits

Prevents errors from occurring within the pension files and calculations

Configuration

None.

 

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Classification-Public