The timing of your end of year activity is critical to the successful delivery of Annual Statements (ABS and PSS) and the submission of Annual Resource Accounts. This EPN contains a reminder of the deadlines for submitting your end of year data in 2020.
- the production of Annual Statements; and
- the disclosure of salary, bonus, pension and compensation details of your senior management, and a summary data on your use of Exit packages for the Annual Resource Accounts exercise.
Payroll closure and interface requirements
In order to meet this year’s deadline for issuing Annual Statements, and to help you complete your Annual Resource Accounts, you must provide the Scheme Administrator with the following data:
Alongside your regular monthly interface, you must also provide the Scheme Administrator with member contribution and earnings data for the five-day period from 01 April 2020 to 05 April 2020.
You must provide this additional data, using a manual interface spreadsheet, alongside your regular April interface on your agreed submission date.
Please note: in order for the Scheme Administrator to calculate benefits accurately, you must complete any responses to DVRs (interface errors and warnings) in-month.
Failure to submit your year-end data on time may result in inaccurate Annual Statements or even non-distribution of Annual Statements to members who are eligible to receive one.
It is your responsibility to ensure that you do not fall behind with your monthly interface submissions. If you are concerned that you will be unable to meet the deadlines highlighted above, please contact your Interface Analyst at firstname.lastname@example.org to discuss the matter further.
If you have any queries in relation to providing the additional five-day Pension Input Period (PIP) you can contact your Interface Analyst at email@example.com
If you have a question about the distribution of EPNs, or would like to receive them in a different format, please contact EPN@MyCSP.co.uk.
This notice is for employers and should not be issued to scheme members.
Members can find information about their pension by visiting the member's section.