If you wish to cancel your membership you're free to opt out
from your next pay period.
Think about a temporary reduction to your
If you are thinking of opting out because of the cost you can
stay in the Fund but pay less.
There is an option called 50/50 that allows you to pay half of
the contribution but only build up half the pension. If you
have more than one job you can make this choice in one, all or some
Your survivor's benefits are unaffected.
You need to inform your employer in writing.
Your employer will need you to make your choice in writing.
This is only meant to be a short term solution and you will have
to again pay the full contribution rate when your employer has to
re-enrol you every three years. If you are away from work
without pay due to sickness you will have to pay the full rate when
your pay recommences.
How do I opt out?
If you want to opt out you can do so at any time. You will need
to complete the opt-out form and return this immediately to
your employer so that they can carry out the necessary actions to
remove you from the Scheme and, where applicable, arrange for the
pension contributions you have paid into the Scheme to be refunded
to you. You can ask your employer to cancel your membership any
time after your request. Otherwise, they will just cancel it from
the start of the next pay period. Please note, however, that any
opt out form that has been completed before you commence your
employment cannot be accepted and you will have to make a further
election on or after the date your employment commences if you
do wish to opt out.
If you have joined the LGPS on the commencement of your
employment or as a result of being automatically-enrolled or
re-enrolled then you must confirm your wishes to your employer no
later than three months from joining the Scheme in order that your
contributions can be returned and you can be treated as never
having been a member.
Opting out of the LGPS is a big decision as you will be giving
up a guaranteed income for when you retire as well as other
benefits such as valuable life cover while you are working. If you
choose to opt out you will also be giving up extra savings that we
and the Government provide to help you save. If you are thinking of
opting out we recommend that you speak to an Independent Financial
Adviser (IFA) before making a decision. You can find details on
independent financial advice on the useful links