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Private pension

alanjones60
alanjones60 Posts: 502 Forumite
Ninth Anniversary 100 Posts Name Dropper
I took volantary redundancy in 2015 aged 54 from royal mail,and as of today i recieve £727 a month from them.
But checking om my government gateway site,they say im getting £781 a month from rm.
I have no other income till i get my state pension in nov 2026.
My tax code is 1257L
Why are the numbers different?
Want to try here first,as i dont like talking on phone. 
Id rather text,so i have a record of it

Comments

  • Flugelhorn
    Flugelhorn Posts: 7,158 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 January at 10:34AM
    Have you checked all the monthly payments they have listed on the tax account?  I think you can amend it yourself but not sure. Have your previous years (+P60s)  been correct? 
  • alanjones60
    alanjones60 Posts: 502 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    No i have not. This is the first time iv used it.
    How do i do that please?
  • Flugelhorn
    Flugelhorn Posts: 7,158 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I was looking at it earlier - said something like "view and update pension" and then there is the option to show each payment
     
    I'll have a look at mine
  • alanjones60
    alanjones60 Posts: 502 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    Yes p60s always correct
  • Flugelhorn
    Flugelhorn Posts: 7,158 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Went to PAYE, check current tax year, then under pension it said "view or update pension" then "check payments received from...." 


  • Flugelhorn
    Flugelhorn Posts: 7,158 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yes p60s always correct
    so only this year wrong? - if all payments wrong might be a case of emailing the pension provider
  • alanjones60
    alanjones60 Posts: 502 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    Thanks so much Flugelhorn,il check it out,and get back on here of outcome
  • molerat
    molerat Posts: 34,303 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    And while you are in your GG account have a good look at your state pension forecast.
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