Statutory
Pension (Contributory Pension Scheme)
Mandatory retirement savings: typically 8% employee + 10% employer of qualifying pay.
Under the Pension Reform Act, the Contributory Pension Scheme requires a minimum employee contribution of 8% and employer contribution of 10% of basic, housing and transport allowances, paid to a Pension Fund Administrator (PFA). The employee's contribution is deductible before PAYE.
Related terms
Help & how-to
See it in practice
Remit PAYE, pension & NHF on time
Generate the schedules, track the deadlines, and record each payment reference.
Set up salary structures & pay elements
Define what people earn once, assign it in bulk, and override per employee where needed.
The payroll run lifecycle, explained
Run → Review → Approve & lock → Disbursement → Remittances → Rollover. The same flow every month.
See it applied to real payroll
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