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Administrator Guide
Last Updated: 2024-09-20
Set Up Company Pensions Auto-Enrolment (UK)

Set Up Company Pensions Auto-Enrolment (UK)

  • Define retirement savings plans for pensions auto-enrolment schemes.
  • Security:
    Set Up: Payroll (Pensions) - UK
     domain in the UK Payroll functional area.
You can define specific auto-enrolment details for a company to help you comply with pensions auto-enrolment requirements.
  1. Access the
    Add Company UK Pensions Auto Enrolment Details
     task.
  2. As you complete the task, consider:
    Option Description
    Effective Date
    When you set up a company for the first time, the
    Effective Date
     defaults to the
    Staging Date / Duties Start Date
    . For an existing company, the
    Effective Date
     defaults to today's date.
    If you have any configuration changes to your auto-enrolment details, you can add a new row with the
    Effective Date
     of those changes. This enables you to record upcoming configuration changes without having to wait until the end of the standard 3 year re-enrolment period. If adding a row to do this, Workday recommends you choose an
    Effective Date
     for a future payroll period or period for which payroll hasn't been run.
    If you add a new row that includes the
    Postponement From
     hire date option, and any existing noneligible jobholders or entitled workers become eligible jobholders after the row's
    Effective Date
    , Workday doesn't postpone them from assessment.
    Deferral Date
    Do not use this field.
    Postponement Periods
    The number of days you postpone pension enrolment for workers. You can't postpone enrolment for more than 3 months (13 weeks, or 92 days).
    You can enter separate rows for each
    Frequency
    , for example for
    Monthly
     or
    Weekly
     paid workers. Alternatively, select
    Default
     to apply to all frequencies.
    Consider the number that you want to enter. Too high a value might push a worker into the period after the one in which you should enrol them.
    Example: You can align enrolment with pay periods or avoid enrolling short-term workers.
    Postponement From
    If you select
    Hire Date
    , to postpone assessment of a worker, workers aren't assessed for enrolment until the
    Deferral Date after Assessment/Hire
     shown on their record in the
    View Worker UK Pensions Auto Enrolment Details
     report.
    Pensions Auto Enrolment Qualifying Schemes
    Define the company's retirement savings plan for pensions auto-enrolment.
    You can only select a retirement savings plan that is part of a pension auto-enrolment scheme.
    When assessing workers for pensions auto-enrolment, Workday verifies that a worker isn’t already enrolled in a retirement savings plan that's designated as a company's pensions auto-enrolment scheme.
    If you don't add a scheme, Workday can't establish a worker's current state of enrolment.