Money soft and Peoples Pension problem

How can i submit data for auto enrolment with two schemes ?

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I currently use Moneysoft for payroll and Peoples Pension for auto enrollment for one of my clients.

The client has 5  employees and now one them wants to move to a salary sacrafice scheme.

Moneysoft say i would need to set up a sepreate scheme for the peoples pension which calculates the pension on a salary sacracfice basis for the one employee. This would require two submissions per month for the client, one for the employees on the standard scheme and one for the the employee on the salary sacrafice scheme.

Peoples pension say that they can only except one submission per month therefore this method will not work.

It has been sugested that i create a new worker group in moneysoft and manually enter the salary sacrafice amount in the employers contribution cell and upload that. this would show all the contribution as a employer contribution. This would remove the need to create a secound file / scheme.

If i did this would this arrangement be acceptable under salary sacrafice rules ?

Also the employers contribution.Would this be calculated on the salary amount before or after the salary sacrafice. I have been told by Peoples Pension its on the amount before the sacrafice ? But surely his salary has now been reduced so i would have thought it would be on the post sacrafice amount.

Thanks for all replies

 

 

Replies (3)

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By SteveHa
28th Jul 2017 15:18

Since when did employees get to dictate the terms of a pension scheme set up by their employer?

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Red Leader
By Red Leader
28th Jul 2017 17:10

I use Moneysoft and have a client with People's Pension.
The client has two accounts with PP for two different categories of staff. It's one log on but two different account numbers. The two files have to be uploaded separately.
It seems to work fine.

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Replying to Red Leader:
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By INITMAN
31st Jul 2017 12:36

Hi Red Leader

Thanks for your reply.

I have been told by moneysoft to create a new account for Peoples Pension so i now have two tabs for Peoples Pension.A standard pension and a salary sacrafice.

When i told Peoples Pension that i would be submitting two files they said it could not be done. So i am assuming that i need to set up another account with them ?

Can you let me know if you have 2 accounts for your client in money soft and is it for the same reason ?( ie 2 pension schemes )

Thanks

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