Payroll Specialist - Running the Pension Payroll

Course

Inhouse

£ 197 + VAT

Description

  • Type

    Workshop

  • Methodology

    Inhouse

  • Class hours

    4h

Suitable for: This workshop assumes no prior knowledge of a pension payroll. Clearly all staff that will be involved in the day-to-day task of operating the pension payroll will find this basic practical workshop essential to its smooth operation.

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Course programme

Course Content

Administration of the Pension Payroll

-P46 (Pensioner), and P45
-Payslip requirement
-Deductions from pension
-Court orders
-Tax allowances and codes
-Provision of benefits
+Private Health Cover
+Christmas Gifts
-Employment whilst in receipt of a pension

Increases in pension

-notifying the pensioners
-applying the increase
-guaranteed minimum pension

Changing circumstances

-Keeping track of pensioners
-Early retirement
-Death
-Incapacity
-Inability to look after own affairs
-Dependent pensions
-Beneficiaries
-Returning to work
-Working for someone else

Additional information

Students per class: 12

Payroll Specialist - Running the Pension Payroll

£ 197 + VAT