Leaving before you retire
If you leave the Scheme before you retire, you can choose what
to do with your pension in the Pension Scheme.
The choices you have depend on how long you have been a
Less than 2 years (and have not transferred in pension
rights to the Scheme from elsewhere)
On leaving, you have the following options.
- You can claim a refund of your
- You may be able to transfer
your benefits to a new pension arrangement
- You can delay your decision until you know what you would like
to do - this is known as a frozen refund
2 years or more (or have transferred in pension rights
to the Scheme from another pension scheme)
On leaving, you have two options
If you are a Scheme 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.