Enum PensionsEarningsBasis

Namespace

Payetools.Common.Model

Assembly

Payetools.Common.dll

Represents the earnings basis which is used to calculate pension contributions.

[Flags]
public enum PensionsEarningsBasis

Fields

All = QualifyingEarnings | PensionablePaySetsOnly

All earnings bases are supported..

PensionablePaySet1 = 2

Pensionable Pay Set 1 contributions are worked out on at least basic pay. Basic pay includes at a minimum, earnings before deductions, holiday pay and statutory benefits such as maternity, paternity, adoption and sick pay delivered through payroll.

PensionablePaySet2 = 4

Pensionable Pay Set 2 contributions are worked out on at least basic pay, but the key difference between this and Set 1 is that basic pay must make up at least 85% of total earnings. The employer must monitor this.

PensionablePaySet3 = 8

Pensionable Pay Set 2 contributions includes salary, wages, commission, bonuses, overtime, statutory sick pay, statutory maternity pay, ordinary or additional statutory paternity pay and statutory adoption pay.

PensionablePaySetsOnly = PensionablePaySet1 | PensionablePaySet2 | PensionablePaySet3

Only PensionablePaySets 1 through 3 are supported.

QualifyingEarnings = 1

Qualifying Earnings includes salary, wages, commission, bonuses, overtime, statutory sick pay, statutory maternity pay, ordinary or additional statutory paternity pay and statutory adoption pay.

 Qualifying earnings is calculated from pensionable pay deducting a lower threshold and capping at an upper threshold, the
 thresholds being decided by Government each year.

Unspecified = 0

Not specified.

Remarks

Note that this enum is marked with the [Flags] attribute so that it can be used as an indicator for pension schemes to indicate which earnings bases they support.