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My employer is taking the wrong deductions
Comments
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Sounds like a set up error in the payroll system. So your salary increase isn't included as salary so is thus not flagged for pension calculations.
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You don't work for the Post Office do you?IMC2 said:
It's recalculated in April to start being deducted in June. I originally queried it before April and was told it would change in June. June came along, nothings changed. Raised the issue again. Feels like the Little Britain sketch "computer says no". Even though all my colleagues on the same contract, pay the same, and I'm the odd one out. No one seems to think the computer might be wrong.vacheron said:In my previous company they only recalculated everyones pensionable pay annually in January,
This meant that if you received a payrise in Feb, you had to wait 11 months for the calculations (and subsequent deductions / contributions) to be adjusted.
Might yours be a similar situation?
If it was an oversight, I would NOT expect the employer to be paying any of the employees missed contrubutions as you can recover the situation with no loss to yourself by simply paying the missing contributions... However, you may be able to argue that you have suffered a loss if any investments you should have bought earlier have risen in value in the interrim.1 -
Fortunately notartyboy said:
You don't work for the Post Office do you?IMC2 said:
It's recalculated in April to start being deducted in June. I originally queried it before April and was told it would change in June. June came along, nothings changed. Raised the issue again. Feels like the Little Britain sketch "computer says no". Even though all my colleagues on the same contract, pay the same, and I'm the odd one out. No one seems to think the computer might be wrong.vacheron said:In my previous company they only recalculated everyones pensionable pay annually in January,
This meant that if you received a payrise in Feb, you had to wait 11 months for the calculations (and subsequent deductions / contributions) to be adjusted.
Might yours be a similar situation?
If it was an oversight, I would NOT expect the employer to be paying any of the employees missed contrubutions as you can recover the situation with no loss to yourself by simply paying the missing contributions... However, you may be able to argue that you have suffered a loss if any investments you should have bought earlier have risen in value in the interrim.0
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