How do I create fixed amount or percentage employee pension contributions?

Modified on Tue, 10 Dec at 2:30 PM

If you operate Fixed Amount or Percentage Contributions for regular pension schemes, you need to ensure that the Employee Contribution Rates are created within Cintra iQ.

To create a contribution record

Navigate to the desired Pension Scheme definition window.
1. Go to Cintra iQ: Payroll> Payroll Setup> Benefit Schemes> Pensions/Other Benefits
2. Open the desired pension scheme. The pension scheme window appears.
Navigate to the Pension Scheme Contribution window.
1. Click the Contributions tab.
2. Double-click the desired contribution record in the Scheme Parts pane.
Navigate to the the Insert Employee Contribution Set form.
1. Click the Employee Contribution Rates tab.
2. Right-click: New in the Employee Contribution Rates pane.
Enter the Rates effective from date for the current tax year.
Select either the following:
1. The Contributions are percentage based option and enter the Percentage amount value.
2. The Contributions are set amounts and enter the appropriate amount.
Click the OK button. The Employee Contribution set record appears in the Employee Contribution Rates pane.
Click the OK button.