What is the opt-out period?
Article ID
11744
Article Name
What is the opt-out period?
Created Date
6th April 2017
Product
IRIS PAYE-Master, IRIS Payroll Business, IRIS Bureau Payroll, IRIS GP Payroll, IRIS Payroll Professional, Earnie, IRIS Earnie IQ
Problem
What is the opt-out period?
Resolution
The legislation states the Opt-out Period is one month, however, some pension schemes have a longer opt-out period. You need to check this with your pension provider.
For Occupational Pension schemes, the opt-out period starts from the later of the date the jobholder:
- Becomes an active member with effect from the automatic enrolment date (i.e. the date that the administrative steps for achieving active membership are completed), or
- Is given written enrolment information
For Personal Pension schemes, the opt-out period starts from the later of when the jobholder is:
- Given the terms and conditions of the agreement to become an active member or
- Given written enrolment information
We are sorry you did not find this KB article helpful. Please use the box below to let us know how we can improve it.
