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Stakeholder Pensions & your Payroll The 'Welfare Reform and Pensions Act 1999' requires employers to offer their employees access to a stakeholder pension scheme, unless they are exempt. It sounds daunting but really is quite simple and at JD-Pay we make it even easier. At JD-Pay Limited our payroll software is geared up to be able to make the deduction every payroll run from your employee’s net pay, minimum £20 per month, maximum £3,600 a year which can be a fixed amount or percentage of gross pay. At the end of the month we will send to you a computerized report and a standard letter to your pension company detailing the names and amounts from your employee’s pay. Fee, structured on how many of your employee’s join the scheme. For more Info email info@jd-pay.co.uk or call us on 07757 551408 or 07982 253448 |
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