Key Events for Automatic Enrolment Service
- We send you our information and joining pack upon request
You complete and return the section for Automatic Enrolment Service on the joining form
- We assess your payroll account for eligibility.
- We set up your pension scheme with NEST if applicable
- We automatically enrol your employee(s) in the pension if they qualify
- We send you all the regulatory letters for you to provide to your employee(s)
- We process pension contributions through the payroll if applicable based on the minimum contributions, the gross pay and qualifying earnings.
- Postponement will be applied for new accounts unless it has been requested not to be applied by you in writing.
- If you require other pension amounts deducting, you must let us know on the joining form or in writing. It will then be applied to the next available payslip for you.
- If your account is already set up and you employ another or new member of staff the postponement may not be applied unless requested to do so.
- We process any opt outs and opt ins.
- Opt outs are sent from NEST for your account and will be processed in accordance with The Pension Regulators Legislations.
- For opt ins if your employee requests to opt in we will set up a NEST pension scheme for you.
Ongoing Actions:
- We continue to monitor your employee(s) status
- We complete the Declaration of Compliance with The Pension Regulator
- We keep comprehensive automatic enrolment records
- If you are still receiving the Automatic Enrolment Service we re-register you with The Pension Regulator every 3 years if applicable
- We will help you with any queries that may arise in relation to the Automatic Enrolment Service throughout the Term.