How does an employee opt-out of the company pension scheme?
How does an employee opt-out of the company pension scheme?
In order to opt out of the company pension scheme, you will either need to speak to your employer, or directly opt out through the chosen pension provider - the process can vary between pension schemes.
This will vary depending on your pension provider, and Pay Check have no involvement in return of funds. If you have one of our fully managed pension services, the only involvement we have in the return of funds is uploading the pension files, which ...
Provided the employee has opted out within the appropriate time frame, Pay Check will refund this through the payroll following confirmation of opt out.
Pension reports are uploaded during the two weeks following the tax month. Please note that this is an additional service provided by Pay Check, and if you would like to know more please contact the support team by raising a query.