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Our default service and what we do:
Declaration of Compliance – A document that is required to be completed within 5 months of your legal duties starting for Auto Enrolment to confirm to The Pensions Regulator you have upheld everything that is required.
Re-Declaration – A document that is required to be completed every three years on the anniversary of the employers Auto Enrolment duties commencing. You are required to assess employees that have previously opted-out and then complete a document that confirms the continued compliance with the Auto Enrolment legislation to The Pensions Regulator.
NEST Pensions Scheme – National Employment Saving Trust, this is the government setup pension scheme for Auto Enrolment.
Opt-Out – All employees are required to be enrolled into a pension scheme if they meet the criteria for Auto Enrolment. If the employee does not wish to be in the pension scheme, they can choose to leave. If the employee leaves the pension scheme within one month of being enrolled, the employer and employee will be entitled to a full refund of all contributions paid. This will be paid back via the employer on the next available payslip. If the employee chooses to leave after one month, the employer and employee will not receive a refund, however the amounts paid into the pension scheme will remain. This is referred to as a Cease Membership.
Opt-In – Employees that do not meet the criteria for Auto Enrolment are still entitled to a pension scheme. If they wish to join the pension scheme, they can choose to opt-in. This will be processed, and contributions will begin from the next available payslip.