Membership of Level 100+ is not a compulsory part of employment with the Company. As a member of Level 100+ you can opt-out at any time.

You will be required to give the Trustees and the Company two months written notice of your intention to leave Level 100+. At the end of the pay period in which your two-month notice period expires you will be treated under Level 100+ as if you had left service.

You will then lose:

• the benefit of the Company’s contributions towards the cost of future pension provision under Level 100+
• the protection provided by Level 100+ to you and to your family in the event of your death in service
• the protection provided by Level 100+ to you and your family in the event of your early retirement from the Company on account of serious ill- health
• the guarantee of a pension linked to your Basic Salary and Pensionable Service.

If you subsequently change your mind, re-entry will not be permitted. The decision to opt-out is yours alone but you should give careful consideration before doing this and you may wish to consult with an Independent Financial Adviser; use the link below:

www.unbiased.co.uk