FormerMember

Sageone payroll - autoenrolment calculation on wrong percentages

Posted By FormerMember

Our pension contributions are based on entire pay, not on qualifying earnings.  The TPR says that the minimum contribution is 7%

However Sage is requiring me to put in contributions to total to 8%.  I have the pension set up as based on pensionable earnings not on qualifiying earnings. 

As a result I am being forced to make total contributions of 8% rather than 7%.  

  • 0

    Hi MAPC,

    Although you do have to agree to the pension rate changes when you run your first pay run, you can change this via Pension > Edit Pension > next to your group click View/Edit > Change the rates to your 7% > Save > Save.

    This will then allow you to process your pensions with the rate you changed it to.

    I hope this helps.

    Regards,
    Adam