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"excess contribution" refund - money in bank where from??

1 reply

slavetolife · 30/01/2020 18:06

I have just looked at my bank account and it's been credited with £350, it just says "excess contribution" next to it, is anyone able to enlighten me as to what this could be? I've just started a course and opted out of my pension for a couple of years but no idea if it would be related to that, I've had no communication about it!!

OP posts:
AmyFl · 30/01/2020 19:02

Maybe a deduction towards your pension was made from your first pay, before you opted out, and now it's being refunded?

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