AE Pension Setting Edit
 
AE Pension Setting allow you easily to setup a pension scheme which is minimum compliance to Auto Enrolment legislation.

Staging Date Date of Birth  
(DD/MM/YYYY)
GenLife Employer Ref.

Default setting used  
Deferment Policy
  Deferment from Employee's Employment Start Date 3 months  
 
Pension Scheme Details
  Scheme Name / Group Name GenLife - Minimum Compliance  
  Pension Scheme Ref. PEN001  
  Other Ref. -  
  Payment Submission Frequency Monthly  
  Delay Opt Out Period 5 Days  
  Opt Out Period 1 Month from the end of the Delay Opt Out Period  
  Use this as a default scheme ? Yes  
  Occurrence Recurring  
 
Employee Contribution
  Deduction Type Minimum Contribution Level of Gross Pay  
  Deduction Value 1.00 % as of today's date  
  Set different rate for each employee? Yes  
  Tax Relief Arrangement Relief at Source  
  Add SSP Payment to Pensionable Earnings Yes  
  Add SMP Payment to Pensionable Earnings Yes  
  Add SAP Payment to Pensionable Earnings Yes  
  Add SPP Payment to Pensionable Earnings Yes  
  Earnings Basis Qualifying Earnings  
 
Employer Contribution
  Deduction Type Percentage of Gross Pay  
  Deduction Value 1.00 % as of today's date  
  Add SSP Payment to Pensionable Earnings Yes  
  Add SMP Payment to Pensionable Earnings Yes  
  Add SAP Payment to Pensionable Earnings Yes  
  Add SPP Payment to Pensionable Earnings Yes  
  Earnings Basis Qualifying Earnings