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Pension contributions & minimum earnings
RW37154
Posts: 2 Newbie
I currently earn 860 per month however my pension contributions (direct from wages) takes me down to £820 per month. I thought I would only after to earn a further £32 however my work coach is telling me its £72. Who is right?
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Comments
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Its based on gross taxable pay so Work coach is correct."You've been reading SOS when it's just your clock reading 5:05 "1
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Thanks for your reply. I think I may have to come out my pension then as I am single with two children and I help look after my mum.0
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sammyjammy said:Its based on gross taxable pay so Work coach is correct.It's currently (incorrectly) based on gross taxable pay, but should be based on gross pay, before any deductions for Tax, NI and pensions are made. DWP are in the process of fixing this.
Please do not leave your pension scheme - that would be the worst thing you could possibly do. Hopefully by the time you have managed to increase your earnings by £32, DWP will have fixed the issue.RW37154 said:Thanks for your reply. I think I may have to come out my pension then as I am single with two children and I help look after my mum.Our green credentials: 12kW Samsung ASHP for heating, 7.2kWp Solar (South facing), Tesla Powerwall 3 (13.5kWh), Net exporter0
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