You need to create a deduction code for employee deductions and a memo deduction code for employer deductions. This ensures that Dayforce can accurately calculate, deduct, and report pension contributions. The deduction codes show in employee payslips and are reported to Revenue. The information is used by the National Automatic Enrolment Retirement Savings Authority (NAERSA) for continuous employee eligibility assessment.
See the following topics for more information about creating employee and employer deduction codes: