Help Centre for Payroll bureaux

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.

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
I am excited to be joining such a distinguished Board of Trustees, over-seeing a modern, transparent, cost efficient and high-performing pension fund. — Win Robbins, former Head of European Fixed Income Barclays Global Investors
Over a short period of time, NOW: Pensions has established itself as a respected and credible player in the UK workplace pensions market attracting thousands of employers and hundreds of thousands of members. Joining the team at such a crucial time… — Jocelyn Blackwell, Founder of Dunnett Shaw and Raising Standards in Pensions Administration
NOW: Pensions is supportive, easy for our employees to understand and uncomplicated in terms of its implementation. Its structured approach removes the complicated investment choices & makes auto-enrolment a straightforward and simple process. — Mark Manaton, Managing Director, Blue Arrow Group
…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