Pensions
PurePro allows you to easily manage and create pension schemes for your employees. Users can configure the contribution rates, postponement periods and other details, as required.
PurePro provides an efficient way to add and track automatic deductions and manage reporting. Currently, PurePro supports, following pension schemes:
DS Pensions
Nest Pensions
Now Pensions
Pensions are only available for PAYE workers.
Setup
Users are required to configure pension schemes before assigning them to employees.
To configure a pension scheme, follow these steps:
Navigate to Admin → Pension Schemes
Users can edit default pension schemes by clicking on the "Edit" button next to the scheme under "Action" or create a new one by clicking on "Create New"
Select a provider under "Pension Provider"
Add relevant details as required
Click "Save"
Payroll Mangers have the option to "Send Pension Letters" to the workers e.g. auto enrolment letter, etc. This can be configured in the pension scheme and can be sent via available options or follow the same document delivery method set in worker record.
Process
After successfully creating a pension scheme, payroll managers can now assign this scheme to required workers.
To assign a pension scheme to a worker, follow these steps:
Navigate to Workforce → Workers
Edit an existing worker by click on "Edit" next to the worker under "Action"
Select a Pension Scheme under "Pension Auto-Enrolment" in the "Payroll Tab"
Users can also view employee's pension status under "Pension Auto-Enrolment".
If postponement is enabled in the pension scheme, eligible workers will be auto enrolled in the pension scheme after the postponement period.
Payroll Managers have the option to manually opt-in a worker who is currently not enrolled in a pension scheme. This can be done by:
Navigate to Workforce → Workers
Edit an existing worker by click on "Edit" next to the worker under "Action"
Ensure worker is assigned to a "Pension Scheme"
Click on "Opt In" under "pension Auto-Enrolment" in the "Payroll Tab"
Add relevant details as required
Click "Save"
As per the employee's pension status, payroll managers can also cease membership or manually opt out an employee from a pension scheme as required. This can be done by: -
Navigate to Workforce → Workers
Edit an existing worker by click on "Edit" next to the worker under "Action"
Click on "Cease Membership" or "Opt Out" under "pension Auto-Enrolment" in the "Payroll Tab"
Add relevant details as required
Click "Save"
Pension refunds are triggered if the worker has a payslip in current period. Pension refunds are defined by the pension scheme settings.
Employee's pension deductions and related data can be viewed from Employee's Record or Pension Report .
Pension Extract
Pension Extract provides a comprehensive report containing all pension-related data for your employees. Payroll Managers can download the pension extract from the "Control Centre" for the required payroll period.
Pension extracts are only available for "Nest Pension" and "Now Pension" schemes.
PurePro supports, follow pension extracts:
- Nest Pension Enrolment Extract: - Contains enrolment data for employees
- Nest Pension Contribution Extract: - Contains employee's contribution/pension deduction in current period.
- Now Pension Extract: - Contains employee's enrolment and contribution/pension deduction in current period.
To download a pension extract, follow these steps:
Navigate to Control Centre
Click on "Review" against the required Pension Extract
Payroll Managers have the option to process Pension Adjustments. For further information, please refer to our Pension Adjustment guide.
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