Get Ready: Seamless Secondary Pensions Submissions for Guernsey and Alderney are Here!
We’re excited to announce the launch of our new secondary pensions functionality for Guernsey and Alderney. This game-changing feature allows you to manage pension schemes and submit Government returns directly through Offshore Payroll, all in line with the new mandatory secondary pensions legislation.
Clients Are Already Raving! One of our clients, who’s has recently onboarded to Offshore Payroll, told us: “Wow… this is a thousand times better than our current process!”
We’re thrilled to see such great feedback and can’t wait for you to experience the same ease and efficiency.
What You Need to Know
To ensure a smooth transition, we’ve outlined the key fields you’ll need to update for your Guernsey and Alderney employees using our effortless imports function:
- Date of Birth
This will now be mandatory for all employee records as it is required in the new secondary pensions returns.
- Occupation Code
You’ll need to add a 4-digit occupation code for each employee to meet the new Government reporting requirements. Check out the link for more details: https://www.gov.gg/ocodes
- Opted Out Until Date
If an employee opts out of the pension scheme, you’ll need to provide an “opted out until” date, which will be submitted as part of the Government return. More details are available on https://www.gov.gg/Secondary-Pensions
- Deferred Until Date
While this field isn’t part of the official return, it’s handy for keeping track of deferral periods. See more information on deferred enrolment [https://www.gov.gg/article/198147/SP1—Notices-of-Enrolment-and-employers-obligations]
- In Full-Time Education
A simple tick box will let you mark employees in full-time education, and this will be included in your pension return.
Be Fully Prepared with Our User Guide
To help you get up to speed, we’ve created a comprehensive suite of user guides with all the steps you need to take for a seamless transition to secondary pensions.
We’re committed to making your payroll process as easy as possible!
September 19, 2024
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