LEL

[Dexydog]

Apologies in advance as I asked a similar question a while back, but my circumstances have changed.
Also used search function but no joy.
I want to increase my 6% pension payment to the maximum allowed to keep me in PSE.
I now work 18 hours a week so about 226 (I think delivery supplement is not included in calcs).
LEL is 123 currently- what percentage can I go up to to avoid dipping out of maximum benefit?
Ordinarily the calculation would be fairly easy- BUT, I've noticed with the strikes recently, having 1 day taken away (6 hours) takes me out of PSE. Another week I will stay in.
What might be the reason for that as it takes £80 off for the day, including delivery supplement, (226-80=146 so surely that would keep me over the LEL??)
I'm thinking 6% plus another 30% should keep me comfortably over the LEL and allow me some overtime without paying any tax or ni.
226 a week is pretty much smack on the personal allowance for both, so am I along the right lines?
Cheers.

[RobertT]

To stay within the limits for PSE, your hourly rate(basic pay) needs stay above the minimum wage. It's not connected to the LEL!

Use this bit of maths to help you:

RM hourly wage – minimum wage x contracted hours = max AVC payment.

Allowances, OT, etc aren't included in the equation.

Please bear in mind, there is a post PSE participation pay limit of £10,000.

For more in depth info about PSE, there's some Q&A's and a link to the PSE guide, here: https://www.myroyalmail.com/node/6791

The Lower Earnings Limit is how much you need to earn to qualify for certain state benefits, such as the state pension. The LEL is currently £123 per week / £533 per month.

You don't start paying NIC's (or income tax) until you hit the Primary Threshold, which is £242 per week / £1,048 per month / £12,570 per year.

[Dexydog]

Many thanks.
£192 minimum doesn't give me much leeway then!
Perhaps another 10% or so might be my limit
Ah well.

[Dexydog]

DP