IRIS KashFlow Payroll
Information for HSC pension users (Northern Ireland only) |
On 14th March 2024, HSC (Health & Social Care) Pension Scheme (NHS for Northern Ireland) announced late changes to the pension thresholds for the current year (2023/2024), with the instruction that these changes must be backdated for the entire year. As these changes were announced so late, we have been unable to implement a function for IRIS Kashflow payroll to automatically assess and recalculate pension for affected employees, so this will need to be a manual procedure for users. The year end release will update the pension tier thresholds for 2023/2024, but any changes to employee rates would have to be made manually. View pension thresholds |
HSC have advised that they anticipate few employees’ tier will change, and those that do will be due a refund for overpaid contributions, but the user will still need to check every employee in the scheme to establish if they are affected or not. View pension thresholds |