thu30apr09:30thu13:00Preparation and Submission of the Pension Year-End09:30 - 13:00 Online event Event Organized By: ISM Pension Services

Event Details

This workshop incorporates key payroll and pension activities of influence to the preparation and submission of the NHS Pension Year-End .

ISM has extensive experience (in excess of forty-five years!) administering the NHS Pension Scheme(s) and we are the leading provider of NHS Pension Scheme Training. We recommend that you do not complete your year-end submissions until after attending our event.

The preparation and submission of the Pension Year-End presents a range of challenges for employers due to the infrequency of the process and the heightened complexity of payroll due to the expansion in scope within your “Employer (legal) Obligations.” It is important to note that the outsourcing of your payroll and/or the pension function does not discharge your legal obligations.

Key facts:

  1. Your year-end data submissions are directly linked to the accrual of a range of scheme benefits including retirement benefits.
  2. The impact and consequence of just one error within your payroll transactional activities will result in incorrect retirement benefits for life!
  3. The contributions deducted periodically and submitted at the year- end must be correct. Due to the increased levels of complexities when assessing the tiered (employee) contribution rate to be applied, the level of risk of error has increased.

Click Learn More below for further details and booking.

Time

April 30 (thursday) 9:30am - 1:00pm

Location

Online event

Organizer

ISM Pension Services

ISM has in excess of forty-five years of administering the NHS Pension Scheme(s).