Help Centre for Employers

What is an opt out period?

Membership of the scheme is not compulsory. Members of staff who are enrolled into the employer’s workplace pension scheme do not have to remain in the scheme or continue paying contributions. Every jobholder has one calendar month after being enrolled, when they can choose to opt out. If they opt out within this time frame, either online or by correctly completing and returning our opt out form, any contributions deducted will be returned to the employee and it is the employer’s responsibility to do this as soon as possible.

If they are outside the opt out period, the contributions will simply stop being taken. The contributions already invested will remain until such time as benefits are taken or a transfer to an alternative approved pension scheme is made.

...its simple design means the pressure is taken off us as the employer and avoids costly administration charges, whilst removing the burden of choice and ensuring the best possible retirement outcome for our employees. — Matthew Johnson, Head of Compensation and Benefits at Adecco Group UK & Ireland
ATP comes to the UK pensions world with the highest commendations from the Danish trade unions, employers and government. NOW: Pensions' offering in the UK will be high quality, low cost, and honest and I'm proud to be associated with it. — John Monks, member of House of Lords and former General Secretary of ETUC and TUC
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary
NOW: Pensions' risk management and diversified growth fund are state of the art. — Win Robbins, former Head of European Fixed Income Barclays Global Investors