SC19014 Salary Sacrifice Shared Cost Added Voluntary Contributions SS SC AVC

Description

CONTRACT AWARD: The Council required expertise to assist them in the implementation of the scheme and to increase its membership. The Salary Sacrifice Shared Cost AVC (SS SC AVC) scheme for employees is one that will maximise National Insurance (NI) Contributions savings for both employees and the local authority through the salary sacrifice arrangement. The successful supplier will be expected to: • provide a fully managed solution to facilitate the implementation, promotion and administration of such a scheme; • provide an online system which is accessible to all employees as per the new accessibility regulation(September 2019); • work with the Council to promote the scheme to KCC employees, including provision of suitable material to be shared through various media and running briefing sessions for employees.

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