Leaving the pension scheme before pension age

Leaving with less than 1 month’s service

You will automatically receive a refund of any contributions you’ve paid. This will be paid by your employer.

Contributions paid by your employer will not be refunded.

Leaving with more than 1 month's service but less than 3 months

Your employer will tell us that you have left service within 4- 6 weeks of the final contributions being paid. 

We will review your records and contact your employer within 20 working days to arrange for them to pay any refund of contributions due. 

Contributions paid by your employer will not be refunded.

Leaving with more than 3 months but less than 2 years’ service

Your employer will tell us that you have left service within 4 - 6 weeks of the last contributions being paid and we will send you your options.

You have the option of either:

• a refund of the contributions you have paid, or
• a transfer out to another pension provider

Complete, sign and return your options form to us.

If you choose a refund, you should receive it within 20 working days of us receiving your completed options form. 

If you want to transfer to another pension, you must tell us within 3 months of receiving your options.

Contributions paid by your employer will not be refunded.

Leaving with 2 or more years’ service

Your employer will tell us that you have left service and we will send you your options.

You have the option of either:

• preserving your pension until retirement
• a transfer out to another pension provider

Preserved pensions will have cost of living increases, known as pensions increase, added each year until you retire. To request a Benefit Statement, contact us.