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Opting out

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Redundancy

Many of our employers are having to cut staff numbers. If you are in the Scheme and you are made redundant you have an automatic right to immediate and unreduced benefits if you are 55 or over. Opt out and you miss out on this valuable protection.

Tax free cash

As a member you can take part of your benefits as tax free cash to spend however you like. Opt out and you may miss out on this valuable benefit.

Have you thought about the 50/50 option?

Members often consider opting out because money is tight, even though they know the scheme is a good option, with generous contributions from employers.

So from April 2014 there is a new option, which lets you stay in the scheme, but pay in literally half the amount. It’s called the 50/50 option. Why not take a look...

The 50/50 scheme

No, I still want to opt out. Take me to the opt out form...

Opt out form (199 KB) Link to Adobe PDF Document

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