FAQs

What do I do if a member is leaving the scheme?

CATEGORIES:

  • Employers
  • General

It is important that we keep our records up to date to ensure benefits are paid correctly. You need to let us know as soon as possible if an employee has left the pension scheme.

To do this you should:

  • add a date of leaving in your monthly contribution submission
  • pay across your last contribution as normal. If an employee leaves part way through the month, this should be for the portion of the month they are still employed
  • not deduct contributions from holiday pay or a payment in lieu of notice as this is not pensionable.
  • add a leaving date to the HR data file if the employee is leaving employment (if you use the HR Data application).

Once we have received the final contribution and the leaving information, we will update the member’s record and issue them with details of their benefits and options.

Please refer to our resources for employers for more information on how to add the date of leaving to your submission.