Contractual Opt-Out

An employee can opt out from a contractual scheme. Before you start, ensure that the employee has a Pensions Automatic Enrolment card. This card is automatically created during the new hire process.

Use the Calculation Cards task to update the assessor details and complete the calculation component details as shown here:

Field	Value
Reason for Leaving Qualifying Scheme	Contractual opt-out
Opt-Out Refund Date	Select from the list of values: Pending, Yes, No
Qualifying Scheme Leaving Date	Leaving date. If refund due is Yes, leaving date must be the same as joining date.
Effective Start Date	Date should be the same as the qualifying scheme leaving date to avoid incorrect pension assessments in future processing.

When you run the Pensions Automatic Enrolment Assessment Multiple Update process:

• If Opt-Out Refund Due is set to Pending or No, the linked deduction is end dated as at the leaving date
• If Opt-Out Refund Due is set to Yes, the linked deduction is end dated as at join date.

Note: After the Contractual opt-out is processed, there is no subsequent processing to process a change in the Refund Due option.