Can I opt out of my pension scheme and get a refund after the one month opt-out period?


If you opt out later than the one month period we’re unable to refund and any contributions that you and your employer have paid into your pension pot will remain invested in The People’s Pension until you decide to access your benefits; or you can transfer your savings out to another suitable pension arrangement at any time. Under HM Revenue & Customs rules, the earliest you can currently claim your pot is age 55, however the government is proposing to increase this to age 57 from 2028.

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