Page 1 of 1

Keyworkers / overtime

Posted: Tue Apr 21, 2020 6:05 pm
by Mrs_Brown
I just got this information from Stepchange today. Unsure if it applies across the board, but worth enquiring if you are a key worker on overtime.

"I'm a key worker. Do I need to pay more into my IVA?"

If you're a key worker, you don't need to make additional IVA payments during the coronavirus crisis if this is as a result of working overtime. You just need to let us know at your annual review, or when you next send pay slips to us, that you're a key worker, and provide evidence to support this.

Re: Keyworkers / overtime

Posted: Tue Apr 21, 2020 6:10 pm
by Francesca
does anyone know if it applies to IVA with Creditfix as well? I am a key worker but I paid my overtime into my Iva this month. They didn’t mention anything

Re: Keyworkers / overtime

Posted: Tue Apr 21, 2020 6:34 pm
by Foggy
I think it is a discretionary thing. CF appear to be too self-serving to consider this, but might have overlooked it -- always worth asking them direct.

EDIT : Since this post the new rules have been published ... have a look here: new-iva-rules-during-the-pandemic-t89181 ---- these are not discretionary.

Re: Keyworkers / overtime

Posted: Thu Apr 23, 2020 4:07 am
by luluj
Having read the change in working re overtime for keyworkers I would hope all firms allow this without question for all key workers.

Re: Keyworkers / overtime

Posted: Thu Apr 23, 2020 6:49 am
by kallis3
Let's hope they do.

Re: Keyworkers / overtime

Posted: Sun Apr 26, 2020 8:31 pm
by plasticdaft
I've a feeling this will vary across the industry.