Over Paid In Final Salary

[j0nb0y]

I was employed by my previous company for 10 years and have recently left because of what amounts to harassment by a new manager. I received my final salary payment last week, but a few days later I received a letter saying I have been over pay by £200.00. As I am currently not working, I am unwilling to pay it back in one go, I have agreed to pay it back monthly, Does anyone know if there is a minimum I can pay back each month? I am willing to pay the money back, but as at the moment, my need is greater than theirs, I need to pay back as little as possible each month, until I am in full time employment again.

TIA

[NoMercy]

Did you not notice the over-payment when you first received it? If you did notice but turned a blind eye, you should really try to reimburse them as soon as you can.

[fiction-factory]

If they take you to court the court would decide. They could look at your ability to pay and allow staged payments but i think they would not find it unreasonable for you to pay up in a pretty short period- it's not as if you'd had lots of time to spend the money before the error came to light.
Is £200 the gross or net figure?
The company may accept reoayment over 2-3 months but i think they would baulk at say 24 months

[MallyJ]

This happened to me and I paid it back at £1. 10 a month for some years...BUT I was still employed by them so they could take it from my wages....perhaps they would accept a standing order from your account. I did involve my union so, hoping that you are a union member, I would contact them for advice.

[Maydup]

You are in a stronger position and as you say, your need is greater. Offer £1 per month and dont budge. See whether they are mean enough and happy to waste more than £200 by taking it any further. You have nothing to lose by being a bit awkward.

[naomi24]

Why create extra problems for yourself? It's not yours so just pay it back. If your final salary had been right you wouldn't have had the extra - but you'd have managed. Good luck in your search for a new job.

[Calibax]

I don't think there's a minimum amount. You are expected to pay back what is 'reasonable'. Given that you are not working I would say that £5 a month was OK but if you want to offer less, they may accept it rather than taking you to court over what to them is probably a trivial sum.

[DTCwordfan]

If you can afford it, pay it back, and get the effers out of your hair - you will sleep better, the stress will be lower and you can move on!

[fiction-factory]

I assume you still have the money but feel you may need it to tide you over until you get work, so you see this windfall as a chance to help through a difficult patch. You could try making a small offer but overall it's not your money and if they press for a quick repayment I agree with DTC -pay back as much as you can so you put this behind you and move on rather than have a possible battle.

[DTCwordfan]

I doubt it but they may accept a one-off offer of say £120 or £150 - it's costing them to pursue you.......may be worth a try?

[paul1763]

If you were under payed by the same amount, then chased them for it how would you feel if they said you can have it at a pound or two a month? I'd bet you wouldn't be too happy

[Tilly2]

Just pay it back and get it over and done with.

[Berniecuddles2]

Pay up ..move on

[naomi24]

fiction-factory, //you see this windfall as a chance to help through a difficult patch//

It's not a windfall. It's someone else's money.

[thugulike]

Are you certain you have been overpaid? I would ask for a breakdown of the payments made to you and get a full explanation of why and how you have been overpaid. £200 is a round figure and would make me suspicious. Any tax or NI would need to be adjusted so it is unlikely to be a round sum.