Transcript CO PowerPoint Presentation

HR Introduction to Civil Service
pensions
Purpose of today’s presentation
 To provide you with an overview of the Civil Service pension (CSP)
arrangements
 Help you in your HR pensions role when dealing with staff
 To introduce you to sources of pensions guidance
Objectives
 By the end of this presentation you will:
‒ Understand your roles and responsibilities in delivering
the CSP arrangements to staff
‒ Know where to go for support and what guidance is
available to you
‒ Have a better understanding of the Civil Service pension
arrangements
A few facts and figures
 The Civil Service pension Scheme:
- Has 1.5 million members, including
- Active
- Deferred, and
- Pensioners
- Pays out £3bn a year in pensions
- Pays pensioners who now live in 130
different countries
- Has over 1000 pensioners aged over 90,
and 300 aged over 100!
Civil Service Pensions – who is involved?
Minister for the Civil Service
Scheme Sponsor
St Ives
Printers and
distributors
Capita
Pensioner
Payroll
Civil Service
Employers
Payroll
Cabinet Office
Scheme
Management
Board and
Executive
Scheme members
MyCSP
Pension
Service Centres
Scheme Medical Advisor
Capita Health Solutions
Cabinet Office Permanent Secretary
Scheme Management Board
Scheme Management
Executive
Participation
Agreement
Employers
Contract
MyCSP
Capita
Hartshead
St Ives
Scheme Members
Cabinet Office, SME– what does it do?
Employer
Support
Complaints
Manages the
Scheme via
contract with
MyCSP
Cabinet Office
SME
Policy
Civil
Superannuation
Where do I fit?
Payroll
Provider
Member
Employer
Cabinet Office
MyCSP
Scheme
Management
Executive
Overview of main pension schemes
 nuvos
 premium (closed)
 classic (closed)
 classic plus (closed)
 partnership pension account
NB: some exceptions to access to classic and premium
Other schemes
 Civil Service Compensation Scheme (CSCS)
 Civil Service Additional Voluntary Contributions Scheme (CSAVCS)
 The Civil Service Injury Benefit Scheme (CSIBS)
 The partnership pension account death benefit scheme (PPADBS)
 The partnership pension account ill health benefit scheme
(PPAIHBS)
 Designated stakeholder scheme
What does MyCSP do?
 What does your MyCSP Pension Service Centre do?
‒ Applies the rules of the pension scheme
‒ Maintains members’ records on PenServer
‒ Deals with applications for boosting pensions
‒ Provides and issues pension booklets and leaflets
‒ Processes leavers and retirements and notifies Capita to
pay pensions
‒ Issues Annual Benefit Statements
‒ Operates a help line for member queries
 Your relationship with MyCSP
What does your payroll do?
 What does your payroll do?
‒ Sets up deductions of contributions
‒ Pays member contributions to Cabinet Office
‒ Pays Accruing Superannuation Liability Charges (ASLCs)
‒ Pays partnership contributions to providers
‒ Sends member data via an interface to MyCSP
 What is your relationship with your payroll?
‒ Communicating changes on policy and processes
‒ Ensuring correct pension contributions are paid
‒ Ensuring accuracy of member data
Who is the pensioner payroll provider?
 What do they do?
‒ Pay lump sums, pensions and death benefits
‒ Refund contributions to members who have less than 2
years’ service
‒ Calculate and apply abatement for re-employed
pensioners
‒ Deal with all correspondence and enquiries relating to
pensioners and deferred pensioners
‒ Operate a call centre for pensioners
Who are St Ives?
 Printers for Starter Packs,
leaflets and booklets
 Distributors for Starter Packs,
leaflets and booklets
 Orders for Starter Packs
should be made using
Despatch Request Form 2
(DRF2)
Who pays for a member’s pension?
 Significant part of the total reward package
 Member makes a contribution
 Employers pay a significant amount towards members’ pensions
‒ Based on a percentage of the members’ salary
Communication with members
Key responsibilities
 Pension Starter Packs
 Provide Pension Scheme
Information
 Annual Benefit Statements
 Office Notices
Your roles and responsibilities
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Working patterns
Change of circumstances
Opting in and out
Switching
Member transfers
Topping up a pension
Complaints
Injury at work
Retirement
Partial retirement
Leaving before pension age
Death in Service
Re-employment
Changes to working patterns
 Working patterns
‒ Part-time, term-time and seasonal
‒ Flexible and shift working
‒ Partial retirement
 Different kinds of breaks
‒ Career breaks
‒ Special leave, maternity, paternity, adoption leave,
parental leave and time off for dependants
 See factsheets on www.civilservice.gov.uk
Change to personal circumstances
 Marriage
 Divorce
 Civil partnership
 Gender Recognition Certificate
Opting in and out of the CSP
arrangements
For information on opting in and out:
‒ Direct member to the information on the CSP website
‒ Direct member to MyCSP
 Opting out
‒ Stop paying over member and employer contributions
‒ 3 month rule
 Opt in
‒ One option to rejoin
‒ Not treated as new entrants
‒ MyCSP will deal with requests
‒ Pay over contributions
Members wishing to switch between
schemes
 Can only switch between partnership and premium and
partnership and nuvos
 Once each way
 1 April or 1 October
 Pension switch form
 3 months notice
Member transfers
 Members who transfer between employers
covered by CSP arrangements can remain in the
same scheme providing:
‒ no break in service (28 days or less)
 Employers must complete:
‒ CSP TRANS1 – to MyCSP PSC
‒ Form E18(08) – to new employer
Topping up a pension
 Added pension
 Civil Service Additional Voluntary Contributions Scheme
(CSAVCS)
 Stakeholder pensions
What happens when a member
complains?
 Internal Dispute Resolution
(IDR)
 The Pensions Advisory
Service (TPAS)
 Complaints Leaflet
on CSP website
 Pensions Ombudsman
When staff are injured at work
 Civil Service Injury Benefit
Scheme (CSIBS)
 All employees
are covered
 MyCSP PSC decides who
qualifies
Staff approaching retirement
 Scheme pension age
 45 years’ service
 Pre-retirement course
 Give My CSP PSC plenty of
notice
What is Partial Retirement?
 Gradual transition from work to retirement
 Members can draw some or all of their pension (and lump sum)
 Must reshape job
 Earnings reduced by at least 20%
 Impact on final pension and income
 To be agreed by employer
Partial Retirement checklist
 Direct member to use the calculator on the website, read
“Partial retirement” booklet and complete CSP15 form
‒ Earnings to reduce by at least 20%
‒ Set timescales with employee
 Employer must sign CSP15 and CSP16 form
 Employers do not need to complete CSP 13 form
Staff who leave before pension age
 Staff who leave before pension age:
‒ Resignation or dismissal
‒ Early retirement and severance including ill-health
retirement
 Resignation
‒ More than 2 year’s service
‒ Less than 2 year’s service
 Dismissal
Staff who leave before pension age
 Early retirement and early severance
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Approved early retirement
Voluntary exit
Voluntary redundancy
Compulsory redundancy
 Ill-health retirement
Death in Service
 Contact MyCSP and payroll immediately
 Next of kin details or personal representative
 MyCSP will advise information required
 Capita will pay death benefits
 Family and dependent benefits may also be paid
Pensioners and abatement
 Re-employed pensioner
 Pension Questionnaire and Rejoiner Calculator
 Abatement
‒ CSP 13 (Estimate)
‒ CSP 13
What support is there for me?
 MyCSP Pension Service
Centre
 CSP website
at www.civilservice.gov.uk
Further support
 Employers’ Pension Guide (EPG)
 Employer Pensions Notice (EPN) and Pension News
 Training
Any Questions?