Transcription of Welplan Pensions Opt-Out Notice
1 Welplan Pensions Opt-Out Notice August 2015 Welplan Pensions Opt-Out Notice IF YOU WANT TO LEAVE THE SCHEME WITHIN ONE MONTH OF BEING AUTOMATICALLY ENROLLED, PLEASE FILL IN THIS Notice AND SEND IT TO: Welplan Pensions , OLD MANSION HOUSE, EAMONT BRIDGE, PENRITH, CA10 2BX. WE WILL PASS IT TO YOUR EMPLOYER WHO WILL CEASE ANY PAYROLL DEDUCTIONS AND REFUND YOUR EMPLOYEE DEDUCTIONS NET OF TAX. THE EMPLOYER HAS A DUTY TO REPAY YOU. Information about you Your Full Name: .. Name of your Employer: .. National Insurance Number: .. What you need to know Your employer cannot ask you or force you to leave the scheme early If you are asked to leave, you can tell the Pensions Regulator - see If you change your mind, you may be able to re-join contact your employer if you want to do this.
2 If you leave the scheme your employer will put you back into pension saving when he is legally required to do so. If you change your job, your new employer will normally put you back into pension saving straight away. If you have another job, your other employer might also put you into pension saving, now or in the future. This Notice only allows you to opt out of pension saving with the employer you named above. A separate Notice must be filled out and given to any other employer you work for, if you wish to opt out of that employer s pension saving as well. Your Declaration I wish to Opt-Out of the Welplan pension scheme. I understand that if I Opt-Out of the scheme I will lose the right to pension contributions from my employer.
3 I understand that if I Opt-Out I may have a lower income when I retire. Your signature: .. Date of signature: .. In case we need to contact you, please provide your current telephone number and/or address details here: _____
