Articles on: Benefits

Opting out of the company pension scheme

As an employee of Clipper Contracting Group, you will be enrolled into a workplace pension scheme. We typically defer this for 12 weeks but you may want to opt-in from day 1 should you wish.

What happens when you want to opt-out though?

Unfortunately, the law is quite clear that an employer cannot opt-out on your behalf. This is something you will need to do personally. This prevents rogue and unscrupulous employers from preventing employees entering the pension scheme and saving themselves the employer contributions.

Should you wish to opt-out of the workplace pension scheme, please follow these steps:

Wait until you have received the member pack from NEST Pensions
Should you want to opt-out immediately after the first pension deduction, you will have to wait at least a week after the first payment with a pension deduction, before NEST Pensions will have your information in order to opt you out.
Contact NEST Pension either on 0300 020 0090 or by logging in on www.nestpensions.org.uk/member-hub

Once you have opted-out, NEST Pension will notify us and we will make the changes our side. Please note that any refund on previous pension contributions can only go back as far as 1 calendar month.

Updated on: 05/01/2024

Was this article helpful?

Share your feedback

Cancel

Thank you!