Monthly Data Collection

Monthly Data Collection

Teachers’ Pensions has implemented Monthly Data Collection (MDC) for providing service and contribution information, which represents significant benefits to the Scheme, Employers and Members. Date collection is changing and MDC will be the only method for providing data from April 2018.

  • The deadline for on-boarding to MDC is December 2017 but you can sign up at any time.
  • MDC will also support you as employers and/or payroll providers to fulfil your responsibilities.
  • MDC allows you to provide service and salary information to Teachers’ Pensions on a monthly basis, as opposed to the Annual Return.

To date we've had over 1,000 employers either using MDC or have started the on-boarding process.

Employers currently on-boarding

Employers on Monthly Data Collection

 

The benefits of joining

MDC provides multiple benefits to both employers and members. These include:

  • Real time accurate information for your members (service is more up to date), reducing member queries to employers
  • Easier to submit – Teachers’ Pensions require fewer data fields making administration easier
  • Employers no longer need to complete new starter templates (TR6), leaver templates (TR8) or missing service templates (TR28)
  • Employers and Members no longer need to complete Certificates of Re-employment in most cases. You will be notified where a certificate is required

MDC creates less service errors for both Teachers’ Pensions and Employers.

Last Updated: 10/11/2016 13:40

MDC Countdown

Weeks   Days    Hours

Joining deadline Dec 2017

Related Information


Academies

Annual Return