When uploading the SIF file, Regular contributions go in the below sections to be paid into employees pension.
Monetary amounts are populated in Columns AB-AD these are the figures deducted from payroll. Percentages are entered in columns AE-AF.
Employees have access to add an AVC percentage (Additional Voluntary Contribution) to their Pension plan, the Employee platform is self serve so it is the Employees responsibility to increase/decrease their AVC as they wish. When an employee has made a change to their AVC an email is sent to the employer the following morning advising of this update. The ER must add this to the SIF to make sure the correct amounts have been deducted for the employee. Guidance on how to find this information change ca be found in this article
There is a cut off date across all schemes for employees to login and change their AVC, they have until this cut off date to make changes to their AVC contributions. After this cut off date all changes must be applied on the next months SIF file. Employers are sent emails to be kept up to date with employees changing their AVCs.
to check if your email is enlisted go to Menu > Company Details > Notifications Centre.
To find out how to add your email see below article.
On the Employer platform there is a section to view employees most up to date contribution percentages. To locate this screen go to Menu > Retirement Plan Set up > Employees box. This section pulls up a spreadsheet of all employees both active and ceased you can sue the Filter & Options button to pick and choose what you wish to view.
You can export this file by clicking ‘Export’ and then select export in CSV or XLS.
