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Leavers

Do I lose the money I paid into my previous company’s scheme?

If you’ve left your pension scheme, you do not lose the benefits you’ve built up. They continue to belong to …

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What happens if I freeze my pension?

  Your pension funds stay invested for you until you either access them or transfer them to another provider.  If …

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Can I re-join The People’s Pension in the future?

  Yes. If you come back to The People’s Pension in the future, we’ll reactivate your existing pension pot and …

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I left my employer that originally enrolled me into The People’s Pension but have since gone back to work for that employer. Will my contributions restart and be paid into the same pot?

  Yes. If you’re an eligible employee, your employer will automatically enrol you again into The People’s Pension and contributions …

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If I leave my employer and continue paying contributions into The People’s Pension, is there a minimum contribution that I must pay?

  No, there’s no minimum contribution.  You can contribute as much as you like.

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If I leave my employer and continue making contributions into The People’s Pension, does my pot still keep the 0.5% annual management charge (AMC)?

  Yes, the 0.5% annual management charge (AMC) will continue to apply after you’ve left your employer.

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Can I get a refund of contributions if I’ve left my employer?

  Refunds are only available if you opt out of the scheme within the opt-out period (this is where every …

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Can my new employer pay into my existing pension pot?

  If your new employer uses The People’s Pension they can pay contributions into your existing pot. Your National Insurance …

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Can I get my money back (that I’ve paid in)?

After your one month opt-out period you won’t be able to access your funds until age 55 (57 from 2028) …

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Do I need to leave my employment to claim a short service refund?

You don’t need to leave employment to claim a short service refund, you only need to stop being an active …

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Leavers

Do I lose the money I paid into my previous company’s scheme?

If you’ve left your pension scheme, you do not lose the benefits you’ve built up. They continue to belong to …

View full answer >>

What happens if I freeze my pension?

  Your pension funds stay invested for you until you either access them or transfer them to another provider.  If …

View full answer >>

Can I re-join The People’s Pension in the future?

  Yes. If you come back to The People’s Pension in the future, we’ll reactivate your existing pension pot and …

View full answer >>

I left my employer that originally enrolled me into The People’s Pension but have since gone back to work for that employer. Will my contributions restart and be paid into the same pot?

  Yes. If you’re an eligible employee, your employer will automatically enrol you again into The People’s Pension and contributions …

View full answer >>

If I leave my employer and continue paying contributions into The People’s Pension, is there a minimum contribution that I must pay?

  No, there’s no minimum contribution.  You can contribute as much as you like.

View full answer >>

If I leave my employer and continue making contributions into The People’s Pension, does my pot still keep the 0.5% annual management charge (AMC)?

  Yes, the 0.5% annual management charge (AMC) will continue to apply after you’ve left your employer.

View full answer >>

Can I get a refund of contributions if I’ve left my employer?

  Refunds are only available if you opt out of the scheme within the opt-out period (this is where every …

View full answer >>

Can my new employer pay into my existing pension pot?

  If your new employer uses The People’s Pension they can pay contributions into your existing pot. Your National Insurance …

View full answer >>

Can I get my money back (that I’ve paid in)?

After your one month opt-out period you won’t be able to access your funds until age 55 (57 from 2028) …

View full answer >>

Do I need to leave my employment to claim a short service refund?

You don’t need to leave employment to claim a short service refund, you only need to stop being an active …

View full answer >>