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Get Brass Payroll Deduction Form - Railwayspensionscouk
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How to fill out the BRASS Payroll Deduction Form - Railwayspensionscouk online
This guide provides clear and comprehensive instructions for filling out the BRASS Payroll Deduction Form online. Whether you are starting contributions or making changes, this user-friendly approach is designed to help you navigate each section effectively.
Follow the steps to complete the BRASS Payroll Deduction Form successfully.
- Click the ‘Get Form’ button to access the BRASS Payroll Deduction Form. This will allow you to open the form in the relevant editor for completion.
- In the 'Your details' section, fill in your National Insurance number along with your title, surname, employee number, first names, and contact telephone number. Use BLOCK CAPITAL LETTERS for clarity.
- In the 'Your BRASS contributions' section, indicate whether you wish to start regular contributions, change the amount, or make a one-off contribution. Specify the amount you want to contribute each week and ensure it is at least £2.
- Complete the 'Your BRASS fund choices' section if you are starting contributions. To specify your fund selections, complete a PM85 form, which is essential for directing your contributions. If not received, contributions will default to the Trustee chosen fund.
- Read the declaration carefully, acknowledging your understanding of the tax implications and your agreement to the deductions from your pay. Sign and date the form to confirm.
- Send the completed form to the Network Rail Pensions Team via email at pensions@networkrail.co.uk or by post to the designated address.
- Upon submission, you can save changes to the form as needed, download a copy for your records, print it out, or share it with relevant parties.
Complete your BRASS Payroll Deduction Form online to ensure your pension contributions are managed effectively.
Additional Voluntary Contributions (AVCs) are a tax-efficient way to save more towards your pension benefits. The Scheme's main AVC arrangement is called BRASS. Your BRASS AVCs are invested in a range of funds with the aim of building up extra benefits over time.
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