diff --git a/src/libs/actions/Policy/Policy.ts b/src/libs/actions/Policy/Policy.ts
index 37f7d09f3a9a..f9652a3638d3 100644
--- a/src/libs/actions/Policy/Policy.ts
+++ b/src/libs/actions/Policy/Policy.ts
@@ -3479,7 +3479,7 @@ function downgradeToTeam(policyID: string) {
             onyxMethod: Onyx.METHOD.MERGE,
             key: `policy_${policyID}`,
             value: {
-                isPendingUpgrade: false,
+                isPendingDowngrade: false,
                 type: policy?.type,
             },
         },
diff --git a/src/pages/workspace/WorkspaceProfilePlanTypePage.tsx b/src/pages/workspace/WorkspaceProfilePlanTypePage.tsx
index 35c184d72707..253f64d1574f 100644
--- a/src/pages/workspace/WorkspaceProfilePlanTypePage.tsx
+++ b/src/pages/workspace/WorkspaceProfilePlanTypePage.tsx
@@ -49,6 +49,10 @@ function WorkspaceProfilePlanTypePage({policy}: WithPolicyProps) {
         OpenWorkspacePlanPage(policyID);
     }, [policyID]);
 
+    useEffect(() => {
+        setCurrentPlan(policy?.type);
+    }, [policy?.type]);
+
     const workspacePlanTypes = Object.values(CONST.POLICY.TYPE)
         .filter((type) => type !== CONST.POLICY.TYPE.PERSONAL)
         .map<WorkspacePlanTypeItem>((policyType) => ({