We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

change in income

Hi,

Half way through IPA when we were assessed my income was averaged at £1437 but since middle of last yr my average income has been £1400 and this month it was £1374 I notified OR who said that we can do an new I&E but worried that they might not allow amount or things that were previously allowed.

Also notified them that hubby has been off 2 days last week due to long term illness, and does not get paid sick pay, therefore loss of £120 approx he has an IPA as well but OR said unless this drop is permanant then we cann't reduce IPA'S this month.

What do I do

Comments

  • Well its normal, when one don't inform their leave the company deduct from his pay as penalty, check this month, if happen same thing then tell you husband to talked to his manager.
  • Queen
    Queen Posts: 788 Forumite
    Hi,

    It won't make any difference talking to his manager, they don't get sick pay, but thought that OR would have reduced IPA for just this month only to accomodate drop in income for this month.

    With regards to my pay I will check what it is this month but when I have done an average since April 2010 of my income its been £1418 and not £1437 so think next month I will need to be re-assessed by worried that they may reduce amounts that was previously agreed anyone been in the same situation
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The amounts have been agreed so they shouldn't lower them at all. Just submit the new SoA with the figures you have already agreed on and your new income. If you have a small deficit, leave it and say you are working to get it under control. If you have a large deficit then you will need to cut some of the extreneous stuff. Though I seem to remember you have an IPA that is quite hefty-ish. Don't forget you also will be assesed under the old rules and not the new rules, thankfully.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603.1K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.