EPN311 - Accruing Superannuation Liability Carges (ASLCs)Revised Salary Bands 2012-13

Date posted: 01/11/2011

Audience:

• Finance Directors
• HR or Finance Managers with specific responsibility for telling payroll providers each year about changes to the salary bands on which ASLC charges are based

Action: You must notify your payroll provider now of the revised ASLC salary bands which take effect from 1 April 2012

Timing: Immediate

Detail

1. ASLCs are the employer contributions you pay to us, Finance Estate Management Pensions Team, every month which are credited to Cabinet Office: Civil Superannuation. The contributions represent the cost of the pensions building up for your employees who are members of the Civil Service pension arrangements.
2. The table overleaf shows the annual full-time salary used to determine the appropriate ASLC charge that you will pay for each member of the Principal Civil Service Pension Scheme. The revised salary bands take effect from 1 April 2012.
3. You must pay us the full and correct ASLC, by the 19th calendar day of the month following the payroll date, for each scheme member. You must also send us, at the same time, a breakdown of the pension contributions that you have deducted from your employees’ salaries. An example of the breakdown of the payment that is required to be sent can be found in EPN167 and it should be emailed to csvote@cabinet-office.x.gsi.gov.uk. Please ensure in all cases, that the total of the contributions set out in your return matches the payment made to us. The breakdown should be sent to us so we have the details by the time we receive your payment.

4. The ASLC rates themselves remain unchanged, and the mini-ASLC for the provision of risk benefits to those opting for partnership pension arrangements remains at 0.8%.
5. There will be changes to employee contributions from April 2012, and further advice will be issued shortly.

Contacts

Enquiries about content, distribution or to receive in a different format

Mycsp.basingstoke@dwp.gsi.gov.uk