Set up Construction workers pension scheme (CWPS) deductions
Description

Before you can process CWPS on your payroll, you must set up the relevant CWPS gross and nett deductions. If you want to process a CWPS deduction as an additional voluntary contribution (AVC), you must create a separate deduction for this too.

Cause
Resolution

Set up CWPS deductions

Set up a CWPS gross deduction

  1. On the menu bar, click Company/Payroll then click Deductions.
  2. Click New, then set up the CWPS gross deduction as follows:
    TitleType CWPS Gross.
    TypeClick Gross.
    Sub-typeClick Pension / RAC / PRSA / CWPS.
    Pension SchemeClick the CWPS pension link.
    Additional Voluntary Contribution (AVC)Clear this check box.
    Balance TypeClick Accumulate a balance.
  3. Click Save then click Close.

Set up a CWPS nett deduction

  1. On the menu bar, click Company/Payroll then click Deductions.
  2. Click New, then set up the CWPS net deduction as follows:
    TitleType CWPS Net.
    TypeClick Nett (After Tax, PRSI & USC).
    Sub-typeClick Pension / RAC / PRSA / CWPS.
    Pension SchemeClick the CWPS pension link.
    Additional Voluntary Contribution (AVC)Clear this check box.
    Balance TypeClick Accumulate a balance.
  3. Click Save then click Close.

Set up a CWPS AVC deduction

  1. On the menu bar, click Company/Payroll then click Deductions.
  2. Click New, then set up the CWPS AVC deduction as follows:
    Title Type CWPS AVC.
    Type

    Click Gross.

    Sub-typeClick Pension / RAC / PRSA / CWPS.
    Pension SchemeClick the CWPS pension link.
    Additional Voluntary Contribution (AVC)Select this check box.
    Balance TypeClick Accumulate a balance.
  3. Click Save then click Close.

Next steps

Take a look at the other Construction workers pension scheme (CWPS) tasks you may need to complete.

Steps to duplicate
Related Solutions