Yes, we’re still required to report employers for failed payments. The Pensions Regulator (TPR) will review all reports and will take a risk-based approach to any enforcement action. However, this reporting will now take place once contributions are 150 days late rather than 90 days.
It has stated: “We know this is a challenging time for everyone and we recognise the strain this is putting on employers.
We will take a proportionate and risk-based approach towards the enforcement of decisions, in light of these challenging times, with the aim of helping to get employers back on track and supporting both employers and savers.”
Where staff are being paid normal pension deductions still apply. This includes both employee and employer contributions.
If you have any more questions on unpaid contributions, or on anything else, please email our customer services team at firstname.lastname@example.org.