With effect from 1 April 2020 the collection of monthly employee, employer and (any) deficit contributions will be made via Direct Debit.
To enable us to set up the Direct Debits, employers will need to complete this
Direct debit mandate
form and return it to SYPA. We are happy to receive an emailed version of the completed Direct Debit Mandate in order to set up the bank details quickly, but we will require a ‘wet’ signature so the form will require printing and signing before returning to SYPA.
Please return to: South Yorkshire Pensions Authority, Oakwell House, 2 Beevor Court, Pontefract Road, Barnsley. S71 1HG
There are some
notes
to explain how the mandate should be completed if required.
The Direct Debit amount will be the Employee’s contributions and the calculated Employers contributions, which is based on the pensionable pay multiplied by the primary and secondary Employer’s contribution rate, from the Monthly Submission.
An estimated Direct Debit payment will be collected if the Monthly Submission is late. Please refer to our
Monthly Submission
dates.
If you encounter any problems please contact us at:
Direct Debits