Looking to get a job to increase our income

racyguy

woodbine said:

I can't understand why you have to update all five pensions monthly, I only have to update mine once a year.

The answer from the Pension Service when I suggested that they do that was that it was likely that I would have either an underpayment or overpayment at the year end.
If an underpayment they would have to pay it to me and if an overpayment I could keep the overpayment as the total due would likely be under the limit to collect - £65 I think they said that they would not seek to recover it.
So playing the devil if I underestimated my income to the Pension Service by say £1 a week, I would get £52 a year more than I should and because it is less than £65 they could not collect back from me.