To review or update the LGPS and TPS pension percentages, follow the steps below under the section required.
Employees
Employees' LGPS and TPS pension percentages are updated every year by a hotfix after the year-end release of SelectPay.
To view these parameters, follow the steps below.
Click Payroll, then click Parameters.
From the parameters drop-down, select LGPS or TPS.
Click the type that you wish to view for the correct tax year, then click Open LGPS or TPS Parameters.
Employers
Employers' pension contributions are updated from the pension pay element with the LGPS or TPS scheme type. The steps below assume you know which pay element these contributions are made under.
Update one employee
Click Payroll, then click Employees.
Highlight the relevant employee, then click Standard Pay.
Click the required pension pay element, then click Open Pay Element.
Click the Pension tab, then enter the desired percentage into the employer contributions field.
Click Save and Close.
Repeat steps 3 to 5 for any further pay elements that require adjustment.
Update all employees
Click Payroll, then click Pay Elements.
Select the pay element that requires adjusting, then click Open Pay Element.
Click the Pension tab, then enter the desired percentage into the employer contributions field.
Click Save and Close.
To apply this change to all employees with the assigned pension pay element, follow the steps below.
We recommend taking a backup before making changes to employees in bulk.
Click Payroll, then click Pay Elements.
Select the pay element you have made changes to.
Click Update Pay Elements, then click Standard Pay Elements.
Click Next, then select the Pension check-box.
Click Update.