Teachers' Pensions
Arrears of Contributions

Arrears of contributions

For the purpose of accounting we’ve got two separate bank accounts for receipts, one for the monthly contributions only, and a second for all other receipts from employers and members. The second account includes any arrears of contributions for a prior year and therefore you need to make sure when you identify any arrears you notify us and we’ll then raise the necessary invoice. You shouldn’t include them in the monthly contribution submission or forward any arrears without being invoiced. Arrears payments without an invoice aren’t identifiable and will be returned to the sender.

Last Updated: 26/11/2019 13:23

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