The Chartered Institute of Payroll Professionals

Who is this course aimed at?

Anyone responsible for pensions payroll that requires an understanding of pension schemes and the implications for employers and employees.

What will I learn?

This course covers this subject in detail and will assist you in preparing your organisation for the challenges from 2012. The role and duties of employers and the various statutory bodies including PCB, OPAS, IRSPSS, DWP and FSA are explained. The focus is on the implications for employers and employees with particular emphasis on payroll processing and procedures. Included are employment and membership, starters and leavers, changes and the actual payroll outputs.

Course content

• How tax relief is obtained on different types of pension schemes (pre and post tax)
• NI implications of contracting-out, including minimum payments and age-related rebates
• Significance of “tax approval” and its effect of tax relief
• Earning and remuneration for pensions and the earnings cap
• Review of all certificates needed for contracting out and tax approval
• The significance of the upper accrual point and its effect on the NI calculation
• Opt in/opt out
• Pension: domestic and expats
• Various pensions
• Salary sacrifice implications - employer’s NI savings
• Employer’s contributions to the pension scheme
• AVC (additional voluntary contributions)
• PC (pension cap in tax year)
• DC (defined contribution)
• DB (defined benefit)
• ECON (employers contracting out number)
• SCON (scheme contracting out number)
• Overview of pension reforms
• Protected earnings (court orders)
• Filing of pension details with HMRC forms
• Pension reporting/interfacing

Course aims

On completion, delegates should be able to:

• Explain the difference between state pension and occupational pension
• Know the payroll implications
• Assess the array of pensions available
• Evaluate the cost of different pensions
• Communicate with pension professionals and your employees in an informed manner
• Be prepared for the challenges from 2012 onwards

What others say about this course…

I felt that the pensions for payroll course was very well presented and in a format that was easy to follow. I booked this course hoping to get a general overview of pensions and how they work and I came away with a good basic understanding of various different types of pensions, how they operate and also impact the payroll. This is most definitely a worthwhile course.

Kayleigh Mutch - Survival-One

I found this course really useful - I had very little knowledge of pensions and came away with a lot more understanding and confidence to answer any questions that may arise.

Susan Stott - Baker Tilly

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We now offer discounts for registered charities on all 1 and 2 day short courses (excluding Irish and International short courses) and 1 day conferences.  A cost of £295 + VAT for 1 day courses, £645 + VAT for 2 day courses and £310 + VAT for 1 day conferences would apply.  These discounts will be applied at the time of invoicing.  For more information on these discounts please email events@cipp.org.uk or call us on 0121 712 1000.

    

Course selection form

Available Courses	Location	Members	Non-Members	Registered Charities
03/07/2012	London	£380.00 + VAT	£395.00 + VAT	£295.00 + VAT
24/07/2012	Manchester	£380.00 + VAT	£395.00 + VAT	£295.00 + VAT
02/08/2012	Birmingham	£380.00 + VAT	£395.00 + VAT	£295.00 + VAT