Date posted: 01/03/2012
Audience: All Finance Managers and their payroll providers who pay pension contributions to Cabinet Office: Civil Superannuation
Action: Ensure all Civil Service pension contributions in respect of financial year 2011-12 are received by Cabinet Office no later than 19 April 2012
This notice is from Cabinet Office, Scheme Management Executive
- Pension contributions are paid monthly in arrears and are due by 19th of the following month. This deadline is a legal requirement and is a condition of your Participation Agreement with the Cabinet Office. Failure to pay over contributions on time could result in the employer being reported to the Pensions Regulator. If you pay by BACs you will have to pay a few days earlier to make sure we receive the contributions on time. It is essential, therefore, that you make sure we have received all contributions due from you for 2011-12 by no later than 19 April 2012.
- As normal please send details of the breakdown of your payment using the standard form as soon as possible. Please email it to email@example.com or send it to the Pension Finance Team, Cabinet Office, Priestley House, Priestley Road, Basingstoke, Hampshire, RG24 9NW to arrive by 19 April 2012. This enables us to identify and post the receipt to our accounts promptly.
The Whole of Government Accounts
- Employers also have to agree their transaction streams and amounts outstanding at 31 March 2012 with Cabinet Office Civil Superannuation so they can complete their Whole of Government Accounts. We plan to send reports of transaction streams and end year balances to employers involved in the Whole of Government Accounts process in early May 2012.
This document replaces EPN295
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