Leaving
If you leave the Company before you reach retirement, your membership of the Scheme will cease. You can also choose to cease your membership of the Scheme 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 the Scheme.
| If you have 3 months or less Qualifying Service You will be entitled to a refund of your total contributions (including any AVCs) to the Scheme less deductions. |
| 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. |
Latest News
Quick links
