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PSE Payslip query

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Blue Moses
Posts: 18
Joined: 28 Jul 2009, 19:43
Gender: Male

PSE Payslip query

Post by Blue Moses »

Juat a quick one but for the last two weeks (I guess since PSE has gone live),my payslip reads PSE Adj RMPP C -20.24.

This doesn't seem to affect my take home money,but I am wondering what the -20.24 refers to ?
TrueBlueTerrier
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Re: PSE Payslip query

Post by TrueBlueTerrier »

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RobertT
EX ROYAL MAIL
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Joined: 09 Sep 2007, 14:26
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Re: PSE Payslip query

Post by RobertT »

Blue Moses wrote:Juat a quick one but for the last two weeks (I guess since PSE has gone live),my payslip reads PSE Adj RMPP C -20.24.

This doesn't seem to affect my take home money,but I am wondering what the -20.24 refers to ?
RM are now paying your pension contributions instead of you, this has the effect that both RM and employees are now paying less National Insurance – at least until April 2016.
These things will depend on the individual to some extent, but your take home pay should have increased by somewhere between £2 and £2.50.
Links to all RM pension related websites are here
arnold cheshire
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Joined: 14 Oct 2010, 21:28
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Location: england

Re: PSE Payslip query

Post by arnold cheshire »

Blue Moses wrote:Juat a quick one but for the last two weeks (I guess since PSE has gone live),my payslip reads PSE Adj RMPP C -20.24.

This doesn't seem to affect my take home money,but I am wondering what the -20.24 refers to ?
£20.24p a week pension
Blue Moses
Posts: 18
Joined: 28 Jul 2009, 19:43
Gender: Male

Re: PSE Payslip query

Post by Blue Moses »

Thanks for the replies guys.