NILGOSC
Annual Returns
Circular 02/2001
FOR THE ATTENTION OF THE SALARIES AND
WAGES OFFICER
To all Employing Authorities
Our Ref: CIRC 02/2001 24 February 2001
Dear Sir/Madam
1. Annual Return Stationery
I enclose forms LGS7
(white – to be used for non-manual employees) and, if appropriate, forms LGS7A
(green – manual) and AVC7 (pink) to
enable you to complete your annual returns.
Form LGS7/1 giving instructions on how to complete the return is also
enclosed.
Computerised
print-outs are acceptable in lieu of manually completed forms, provided that
correct information is given in the same order as the forms, and the print is
legible. Please note that it is not
necessary to show a breakdown of AVCs between the different types of arrangements
on form AVC7. The total paid will
suffice.
Performance-related
pay, profit-sharing bonus and other variable lump sum payments which are
pensionable should be included in the pensionable remuneration at column 6 of
form LGS7/7A, but not in the salary rate at column 10. The amount of the lump sum payment should be
stated in the remarks column (13).
2. Annual Return Deadlines
An
actuarial valuation of the fund is to be carried out as at 31 March 2001 to
determine the employers’ rates which will apply from 1 April 2002. It is therefore essential that annual
returns are submitted promptly, and in any case NO LATER THAN 31 MAY 2001. Administrative charges will be levied
against employing authorities which do not meet this deadline.
A separate actuarial
valuation may be required for authorities submitting their annual return
late. The actuarial charges for late
valuation will also be billed back to the authorities concerned.
3. Automated
Annual Returns
Notice
was given in March 2000 (see circular 2/2000) that returns were required on 4
mm DAT tape or 3½ inch floppy disc from all authorities employing more than 50
members. Returns in either of these
formats are also welcomed from smaller authorities which are able to provide
them.
Please note that
NILGOSC no longer has the facility to process ½ inch magnetic reel tape.
4. Outsourced Payrolls
If
your annual return is completed by a third-party payroll administration
service, please ensure that the enclosed forms and a copy of this circular are
forwarded to it.
Yours faithfully
Lynda White