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Income fundy

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
darren d
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Joined: 25 Aug 2009, 16:08
Gender: Male

Income fundy

Post by darren d »

Hi all,I know this has been mentioned before and I have searched through the archives.What does 'income fundy' mean.I have seen all the usual jokes about it but seriously what does it refer to on your pay slip :confused .Thanks everybody
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chunk
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Joined: 29 Jul 2009, 20:21
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Re: Income fundy

Post by chunk »

Re: wage slip

New postby Talell » 05 Oct 2011, 22:23
it's the initial rate of the defined contribution pension plan you get automatically placed into after 1 years service, unless you opt out.

Should have received a letter telling you about it.
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TrueBlueTerrier
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Re: Income fundy

Post by TrueBlueTerrier »

Are you a member of the new pension scheme because I have a sneaky feeling its a change in your contributions because of the pay rise.


Its a guess though as it has not appeared on mine.
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POSTMAN
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Re: Income fundy

Post by POSTMAN »

3. Delivery Supplement. The £20.60 payment is non-pensionable (although note section 4 below) and will be paid on income code FUNDY.
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