Cintra iQ has an Auto Enrolment (AE) facility, which takes you through the process of amending a pension scheme set up, defining which payment headings are pensionable and which headings are classed as Qualifying Earnings, running an assessment, and enrolling employees into the relevant Auto Enrolment scheme. Cintra iQ can also manage Opt ins and Opt outs.
You can define whether your Pension Scheme Part is the following:
- Is a Qualifying Contribution: Passes the pension regulator's minimum terms.
and/or - Supports Auto Enrolment: AE chooses this part to enrol employees into the scheme and set contributions.
In order to pre define which pension scheme an employee will be enrolled into, you can set a default pension scheme for the payroll.
Default Pension Scheme Part with Auto-Enrollable
The Default Pension Scheme Part when Auto-Enrollable setting within an employee's Expense & Benefits window takes precedence over the default pension scheme set in Auto Enrolment. If it is not set, the default pension scheme setting in Auto Enrolment will be used.
You can set the Default Pension Scheme Part within the employee's Expenses & Benefits window.
To pre define the auto enrollable pension scheme for an individual
- Navigate to the employee's Expenses & Benefits window.
Go to Cintra iQ: Employment Record> Forms> Expense & Benefits. - Navigate to the Pension & Benefits Schemes tab.
- Choose from the Default Pension Scheme Part when Auto-Enrollable drop down list.
- Click the Apply button to save and continue.
- Click the OK button to save and exit.
