If you leave before you retire If you leave the Scheme before you have drawn any benefits, you don’t lose the money you have paid in, and you have various choices, depending on how long you have been a member... Briefly there are three choices, and these are...

Which ones are open to you depend on how long you have been a member...

Less than 3 months
As long as you are leaving the Scheme because you are leaving your employer, you can normally choose between:

A refund
A transfer to another scheme

Or if you don’t want to decide at this stage, you can delay your decision.

Three months or more
You can choose between:

A transfer to another scheme
Deferred benefits

Multiple employments
If you are member for more than one job, and leave one of them, you can once again choose between a refund, or deferred benefits (depending on how long you’ve been a member). Or you can transfer the membership to count in the other job.

Frequently asked questions
Leaving Your Job - Your Pensions Options

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