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How long can we withhold pension payments to the pension agency for?

Article ID

11763

Article Name

How long can we withhold pension payments to the pension agency for?

Created Date

27th October 2014

Product

IRIS PAYE-Master, IRIS Payroll Business, IRIS Bureau Payroll, IRIS GP Payroll, IRIS Payroll Professional, Earnie, IRIS Earnie IQ

Problem

How long can we withhold pension payments to the pension agency for?

Resolution

The regulations allow for any contributions deducted in the three month period starting from the start date of active membership to be paid across to the scheme by the 22nd day (for electronic payments) or 19th day (for cheque or cash payments) of the month after the last day of that three month period.

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