I pay over 85 pounds weekly but now it has went over to my right hand side of my payslip ,
Help lol what is the new amount now so I don't pay tax etc or am I best keeping it 85
Not clued up on this stuff sorry or am I best still paying 85 or the pse
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Flexi plan
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heapsy
- Posts: 2949
- Joined: 02 Jun 2007, 23:40
- Gender: Male
- Location: Drinking with Gangsters
Re: Flexi plan
It partly depends on your contracted hours. With the increase to the National Minimum Wage, people were forced in many cases, to reduce their weekly contributions. I reduced my contribution to £60. With the Bonus Plan added, this makes £62.88 per week. I am now within PSE. As I said previously, it partly depends on contracted hours. You haven't mentioned yours, but this will have to be taken in to account when calculating your future contributions.
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Yamr1
- Posts: 623
- Joined: 04 Feb 2018, 11:26
- Gender: Female
Re: Flexi plan
If I did keep paying the 85 do you lose pse from above 60 pounds
But still benefit from the first 60 pounds in to the Flexi plan
Any help would be great
But still benefit from the first 60 pounds in to the Flexi plan
Any help would be great
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heapsy
- Posts: 2949
- Joined: 02 Jun 2007, 23:40
- Gender: Male
- Location: Drinking with Gangsters
Re: Flexi plan
No, you lose it completely. This happened during the last dispute for many, myself included. But with the action taken being intermittent, it was impossible to keep changing payments. Reduce your payment to £60 and you will then be within PSE. Ring pensions today for a new form. It will take a week or so to rectify, so ring ASAP and return it just as quick. I think the phone line closes about 2pm.
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Yamr1
- Posts: 623
- Joined: 04 Feb 2018, 11:26
- Gender: Female
Re: Flexi plan
Thanks heapsy for you're advice will get this sorted out today
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max49
- EX ROYAL MAIL
- Posts: 122
- Joined: 31 Dec 2010, 20:58
- Gender: Female
Re: Flexi plan
A form can be downloaded from
https://www.royalmailpensionplan.co.uk/ ... a-library/ if you are in B section of pension
https://www.royalmailpensionplan.co.uk/ ... a-library/ C section of pension
I'm not sure if the forms are exactly the same for both sections
Then, for speed, you can email it to pensions and put a hard copy in the post
https://www.royalmailpensionplan.co.uk/ ... a-library/ if you are in B section of pension
https://www.royalmailpensionplan.co.uk/ ... a-library/ C section of pension
I'm not sure if the forms are exactly the same for both sections
Then, for speed, you can email it to pensions and put a hard copy in the post