You are here: Modules > Administration > Payroll > Pension Setup Wizard > Salary Sacrifice

Salary Sacrifice

This screen displays Salary Sacrifice information, and allows the user to update such information.

(Hover over with your mouse to see the sample image in full size.)

Prerequisites

Rules and Guidelines

  • This screen is only made available when the Pension Salary Sacrifice check box is ticked on the Pension Details screen.
  • Validation and Save are performed upon clicking Next.
  • Fields that are marked with red asterisks (*) are mandatory.

Field Information

ClosedSalary Sacrifice Payment Code

When the Scheme is AE, this defaults to '70'. When it is not AE, this is automatically populated with '92'.

ClosedSalary Sacrifice Refund Code

This lists codes from 1 to 499.

ClosedSalary Sacrifice Additional ERS Code

This lists codes from 500 to 999.

ClosedSalary Sacrifice Additional ERS Refund Code

This lists codes from 500 to 999.

ClosedSalary Sacrifice ERS NI Savings Code

This lists codes from 500 to 999.

ClosedSalary Sacrifice ERS NI Savings Refund Code

This lists codes from 500 to 999.

ClosedSalary Sacrifice Rule

This provides options from 0 to 3.

ClosedEmployer's NI Savings Rule

Identify whether or not the NI Savings are to be added to Auto Enrolment TRG Output File. This provides options '0' (Do not add) and '1' (Add).

 

Select Next >> to continue with the workflow or << Back to go to the previous screen. Cancel closes the Wizard.

Click this link --> Pension Setup Wizard if you want to go to the Wizard's Help.