Leave or opt out of the scheme
- Leaving
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Your employer’s payroll provider will notify Hampshire Pension Services that you have left employment.
If you leave the pension scheme and you have less than three months membership and you have not transferred in any other pension rights, then you will be entitled to a refund of your contributions. Hampshire Pension Services will send you a form to enable you to claim your refund.
If you leave the pension scheme and you have more than three months membership or you have transferred in any other pension rights, then you will be entitled to a deferred pension if you are under retirement age. A deferred pension is payable at State Pension Age. Hampshire Pension Services will write to you with details of your deferred pension.
- Opting Out
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You can choose to opt out of the pension scheme at any point if you wish to. You should complete the Opt Out form and return it to your employer's payroll provider.
If you opt out of the pension scheme and you have less than three months membership and you have not transferred in any other pension rights, then you will be entitled to a refund of your contributions. This will be made by your employer’s payroll provider.
If you opt out of the pension scheme and you have more than three months membership or you have transferred in any other pension rights, then you will be entitled to a deferred pension if you are under retirement age. A deferred pension is payable at State Pension Age.