Opting out

If you join the DC Section and then decide it is not the right choice for you, you can leave at any time.

Please be aware that if you choose to opt out, because of Automatic Enrolment requirements the Company may be required to re-enrol you later (although you will be able to opt out again if you want).

Choosing to opt out

You can choose to opt out of the Scheme by downloading and completing the Opting Out of The DC Section Form. Please be aware that:

  • If you opt out within one month of joining:
    You will be treated as if you had never joined the Scheme. Any contributions paid by you will be refunded.
  • If you opt out more than one month after joining:
    You must give the Trustee one month’s notice of your decision to opt out. You will be treated as having left the Scheme on the last day of the calendar month in which your notice expires and will become a Deferred member.

Once you have opted out you can only ask to re-join the Scheme once in any 12 month period, unless you are automatically re-enrolled under the Automatic Enrolment legislation.