Employee Pension Scheme

adamnew

Hello. I was auto-enrolled onto the pension scheme at my civil service job which lasts 3 months.

As this is my first job in many years, and my previous jobs a long time ago did not enroll me on any pension scheme, and because I don’t know when my next job might be or if they will have a pension scheme, would it be better if I take the money instead of paying into the pension scheme?

Also, can I take out the money already paid into the pension scheme in the first month and have it paid into my next salary pay for the following month if I opt out of the pension scheme?

Thanks.

Rachel_Scope

Hi @adamnew.

This isn't something I've experienced myself. Here's a website that may help you https://www.moneyhelper.org.uk/en/pensions-and-retirement/pension-wise

Bydand

https://forum.scope.org.uk/discussion/120965/employee-pension-scheme

Best people to ask would be your payroll dept.