Leaving Level 100+
If you leave the Company before you reach retirement, your active membership of Level 100+ will cease. You can also choose to cease your active membership of Level 100+ whilst you are still an employee of the Company by 'opting out'.
The options available if you decide to leave the Scheme are dependent on your Qualifying Service within Level 100+.
| If you have 3 months or less Qualifying Service You will be entitled to a refund of your total contributions (including any Voluntary Contributions) to Level 100+ less tax. |
| If you have more than 3 months but less than 2 years' Qualifying Service You will be entitled to a refund as above or you may transfer to another pension arrangement. |
| If you have 2 or more years' Qualifying Service You will be entitled to a deferred pension payable when you reach Normal Retirement Date or you may transfer its value to another pension arrangement. |
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