Pension and Student Loans

[Deleted User]

I'm trying to budget for next year but have got myself very confused (easily done when maths is involved).

I am currently completing a 6-year course with the Open University and I'm in year 5.
I got a letter advising of April this year I will start paying towards the loan.

I think the payment will be minimal, something like £32 a month from what I can see.
Does anyone know if they take the £32.00 out of my pay first and then I'd have my 5% pension payment come out and then be left with X amount (obviously all as one transaction, but I think the order would make a difference in my pension payments?).

I wish there was an easy calculator to test out exactly what my take-home pay will be because I live close to the line some months as is.

molerat

Your student loan repayment will not be factored into your salary for pension deductions, they should be based on your gross salary. That said, pensionable pay and qualifying earnings are things that muddy the waters over the figure that is used. https://www.pensionsadvisoryservice.org.uk/about-pensions/pensions-basics/automatic-enrolment/how-much-do-i-and-my-employer-have-to-pay

I wish there was an easy calculator to test out exactly what my take-home pay will be

https://www.thesalarycalculator.co.uk/salary.php

[Deleted User]

That's amazing, thank you!