Pension contributions not adding up 19 June 2017 at 12:52PM in Auto-enrolment 4 replies 7.4K views

baileywin

Earn £33k a year (£2,750pm)

Pension contributions are 0.8% of qualifying income (which my employer defines as <£43k

I think my pension contributions should be £22pm.

My actual contributions are £22.60pm.

I've only been in the scheme two months.

It's not the 60p I'm worried about, more that somewhere in my spreadsheet I've got the maths wrong.

Any ideas?

TrustyOven

How do your figures match up to the annual / monthly and weekly figures here:

https://listentotaxman.com/33000?plan=0&pension=0.8%25

baileywin

TrustyOven wrote: »

How do your figures match up to the annual / monthly and weekly figures here:

https://listentotaxman.com/33000?plan=0&pension=0.8%25

Closely, but not quite. But in any case, the pension contribution is off gross salary?

I have a student loan, too.

baileywin

any other opinions?

HappyHarry

baileywin wrote: »

Earn £33k a year (£2,750pm)

Pension contributions are 0.8% of qualifying income (which my employer defines as <£43k

I think my pension contributions should be £22pm.

My actual contributions are £22.60pm.

I've only been in the scheme two months.

It's not the 60p I'm worried about, more that somewhere in my spreadsheet I've got the maths wrong.

Any ideas?

Your maths looks just fine to me.

I could only suggest you ask your employer to clarify the contribution levels, and the difference that you are seeing.