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Guernsey's Secondary Pension Law was introduced to encourage islander's to save more for their retirement, reducing dependence on State Pension and other welfare benefits. The scheme is designed to offer employees added financial security as they approach retirement.

With the introduction of the Secondary Pension Law, ensuring compliance has been a key responsibility for employers. Whether you run a small business or a larger company, we understand the complexities involved in meeting these new obligations - and that's where we can assist. 

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Our team is on hand to help you manage all aspects of compliance under Guernsey's Secondary Pension Law, including: 

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• Monthly payroll processing - Calculating pension scheme contributions
   

• Monthly & quarterly payments - Ensuring timely submissions to employees, pension providers & Revenue Service
   

• Preparation & submission of quarterly returns - For pensions, tax & social security
   

• Monthly pension scheme submissions - Coordinating details with your chosen pension provider
   

• Query management - Handling any pension or Revenue Service queries on your behalf

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Submission Deadlines by Employer Size

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The deadlines for Guernsey's secondary pension scheme depend on the number of employees an employer has: 

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• 11-25 employees: October 1, 2024

• 6-10 employees: January 1, 2025

• 2-5 employees: July 1, 2025

• 1 employee: October 1, 2025

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Failure to meet these deadlines may result in penalties.