Full time Pension contribution

[fieryjack10]

I Have been full time since the start of 2018 before that i was on 32 hours .15 + years service
My pay rate is 458.04 per week and Pensions Contrib.Pay 373.41* and PSE Adj RMPP DBCBS C is -22.40

Postman i work with also is full time and been full time longer 10 plus years
Pay rate 458.04 per week Pension Contrib.PAY 401.61* and PSE Adj RMPP DBCBS C IS -24.10

We both have the same tax code

Question is why is my pensionable pay £28 less and contributions £2 less

Thanks

[RobertT]

The method for working out Pensions Contrib Pay is one of the few things that has totally baffled me about RM pensions over the years.

It can vary for section C & F members compared to A/B due to the Lower Earning Deduction. It can also vary because some people have pensionable allowances that others don't.

But the only proper answer to this question was posted by nataddick over 6 years ago in this thread. It took 5 minutes of searching the site for, but here is his explanation:

I have just dug out one of my payslips from April this year as I could not work out my pensionable pay to exactly match what was on my payslip. I phoned HR and made notes from that call which I have kept.

I now recall that when I queried my pensionable pay with HR, I was told that everyone has a 'baseline' pensionable pay amount as at 1 April 2015. I was told this was based on a 2.3% increase from 1 September 2014 that being the annual RPI increase applied under the 'new' pension plan rules that were recently agreed, where RM started to increase pensionable pay by RPI in the previous September rather than actual pay increases in April.

I was given my annual baseline pensionable pay which is after deduction of the LED and then divided by 52.179 weeks. I added my pensionable shift allowance to that and deducted my POAL and it balanced exactly.

So, really without your baseline pensionable pay figure from HR you will never get the figures to balance exactly! The guy I spoke to in HR was very helpful but it took about 15 mins holding on the line before I got a full explanation.

It doesn't give you a definitive answer and it won't because everyone's baseline figure will presumably be different. So perhaps a call to HR might clear things up for you?

[Dindin]

I Have been full time since the start of 2018 before that i was on 32 hours .15 + years service
My pay rate is 458.04 per week and Pensions Contrib.Pay 373.41* and PSE Adj RMPP DBCBS C is -22.40

Postman i work with also is full time and been full time longer 10 plus years
Pay rate 458.04 per week Pension Contrib.PAY 401.61* and PSE Adj RMPP DBCBS C IS -24.10

We both have the same tax code

Question is why is my pensionable pay £28 less and contributions £2 less

Thanks

Mines £401.62