Payslip Message: "Pension Contributions have been remitted"?

FiveFingers

Registered User
Messages
52
Hi,

I'm not sure where to post this query.

Received my payslip for this month with the following message at the bottom:

"Pension contributions on last month's slip(s) have been remitted per the Pensions Act 1990 Sec 58A."

Does anyone know what this means?

Thanks
 
Re: Pension Contributions have been remitted?

If you are paying money into a pension (occupational or PRSA) through payroll then presumably this is formal notification that the deductions have been remitted to the pension underwriters? Have you asked your payroll department for clarification? I know that PRSAs require contributions to be remitted within something like 20-30 days of deduction from salary. I presume somthing similar applies to occupational schemes.
 
Re: Pension Contributions have been remitted?

Thanks Clubman, that makes sense. The word "remit" in that context threw me off.