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Increasing contributions to flexiplan AVC

08 Jun 2019, 16:16

Does anyone know the maximum amount a 38 hour contract OPG can pay direct from weekly wages into flexiplan if they are on a basic week no O/T ? Thankyou

Increasing contributions to flexiplan AVC

08 Jun 2019, 17:45

In theory you can pay all of your wages in and that is mentioned on the RMPP website. But it's advisable to put in as much as it takes to stay within the limits for PSE, which is a nice extra bonus. With any additional savings going into a separate pension arrangement.

To stay within PSE, you're talking in the region of £120 - £130 per week gross.

Increasing contributions to flexiplan AVC

09 Jun 2019, 13:17

I pay in to Bonus plan, £2.88 fixed payment. I have recently increased my contribution to Flexi plan by £2 per week. This now stands at £118 per week. Total £120.88, and have remained within PSE limits. There is a little breathing space with this, not sure exactly how much. You cannot include overtime or shift / skill allowances when calculating how much you can pay in. I'm 38 hour contract, hope that helps.

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