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Regulation 31 Opting out of this scheme before automatic enrolment date

England and Wales

(1)

A person (P) opts out of this scheme in relation to service in an eligible employment if P opts not to be an active member of this scheme in relation to that service.

(2)

P may only exercise the option by written notice to the scheme manager in a form required by the scheme manager (“opt-out notice”).

(3)

An opt-out notice has effect—

(a)

if the scheme manager receives the opt-out notice no later than 3 months after P enters the employment, from the first day of the employment; or

(b)

otherwise, from the first day of the month after the month in which the scheme manager receives the opt-out notice.

(4)

An opt-out notice ceases to have effect from the F1earliest of—

(a)

the date on which a subsequent opt-in notice has effect;

(b)

P's automatic enrolment date for that employment; and

(c)

if P is subject to a Fair Deal transfer in relation to service in that employment, the Fair Deal transfer date.

Annotations

Textual amendments

F1

Word in reg. 31(4) substituted (1.4.2015) by The Teachers Pension Scheme (Amendment) Regulations 2014 (S.I. 2014/2652), regs. 1, 8