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1) At what point in the calculation is inflation applied?

One answer only.

   Before the Pension but after the NI.

   Before anything else is calculated.

   At the end of the calculation.

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2) If a member of staff has not contracted-out their pension, what is the name of the scheme they are in.

One answer only.

   USS

   SERPS

   Private salary-related

   Private money-purchase

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3) The pension cost calculation is a straight percentage of the earnings.

One answer only.

   True

   False

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4) If the SiriusWeb default pay award (%) rate for the current year is set as 0. Does this mean that:

One answer only.

   There has been no pay award for the current year.

   The pay award for that year has already been accounted for.

   There is an error, it should never be shown as 0

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5) Can you alter the costing method?

One answer only.

   Yes.

   No

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6) Can you enter your own inflation rate?

One answer only.

   Yes.

   No.

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7) SiriusWeb cost to the nearest

One answer only.

   Year

   Week

   Day

   Hour

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8) At what point in the SiriusWeb calculation is the cost % adjustment made.

One answer only.

   At the start.

   At the end.

   At each stage.

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9) What are the two factors that determine the NI rate payable?

Choose 2 of the following options.

   Total earnings

   Category of staff

   Pension scheme

   Starting scale and point

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This test has been created using the CASTLE Toolkit