Teacher's Pension: Assurance Statement
28 March 2019
The council and its schools relies on external payroll providers to supply payroll information for its financial accounts and statutory submissions to local government and Teachers Pension schemes.
It is a key requirement under the Statement of Accounting Standard No.70 that the payroll provider supplies their clients with an independent auditor’s statement with a description of the controls they have in place.
This statement will be used to give assurances that it can place reliance on a third party for the supply of its payroll records, Tax, NI and pension contributions.
Please contact Balraj Johal to advise when you will be able to supply the Assurance Statement from your auditors.
If you have any questions please contact Balraj on 020 8496 3260 or email TeacherPensionQueryFinance@walthamforest.gov.uk.