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Teachers Pension - MCR - Car Salary Sacrifice - UK
Issue with MCR Reporting: 'Annual Full-Time Salary' and 'Part-Time Earnings'
Hi everyone,
We’re encountering an issue with our MCR file, where the following data items are not reporting correctly:
- Data Item 26: 'Annual Full-Time Salary'
- Data Item 27: 'Part-Time Earnings'
The issue arises for employees participating in a Car Salary Sacrifice scheme. Taking into consideration that a Car Salary Sacrifice is a ‘unapproved’ scheme, where the pensionable pay (and thus these data items) should be reduced by the sacrifice amount.
Here’s what we’ve done so far:
- Created a Rate Definition for the Car Salary Sacrifice amount.
- Added this rate to the following:
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