1. APC process: extra pension
Employee or employer accesses the APC calculator (available from
Employee or employer downloads APC application form and submits to SPFO
Note: the max extra pension in 16/17 is £6,500 for employees / £5,000 for employers
SPFO determines if medical is necessary and if so refers employee to occupational health
How is payment being made?
Lump sum (from pay)
Regular
Direct lump sum
SPFO confirms amount to employer and / or employee
SPFO confirms amount to employer and / or employee
SPFO contacts employer to arrange deductions from employee’s pay
Employer pays SPFO in next monthly return
Employer and /or member pay SPFO. NB Employer can pay in next monthly return
Employer makes employee’s additional payments along with regular monthly return for the duration of the agreed repayment period
SPFO confirms amount added to pension account
Notes:
V3 dated