Pensions and PFA

The PFA pages keep each member of staff's pension details. They are under Human Resource → PFA, and staff pension details need a paid plan.

1. Pension providers

Open PFA Providers and add the pension fund administrators (PFAs) your staff use. Providers are shared by all your branches.

2. Staff pension accounts

Open Staff PFA Accounts. For each member of staff, record their:

• provider;
• pension account number;
• employee contribution rate (8% by default);
• employer contribution rate (10% by default).

The rates can be changed for each person.

To set up many staff at once, use assign to give several people the same provider and rates. Staff who do not have a pension account yet are offered in the assign dialog.

You can also record pension details when adding a member of staff, by turning on the Pension section of the form. If no providers exist yet, the form tells you to add them first.