Ideas Portal
The current payroll system merges employee and employer pension contributions in salary sacrifice cases, which does not meet pension reporting requirements. Pension providers require these amounts to be separated to ensure compliance.
Currently, manual adjustments are necessary for each pension file, which is not a sustainable solution. This issue poses compliance risks and should be addressed within the payroll system to ensure accurate reporting.
Impact:
Non-compliance with pension reporting requirements
Increased manual workload for adjustments
Potential regulatory implications
Requested Fix:
Ensure that employee and employer contributions are correctly separated in salary sacrifice cases within the payroll system
