Opting an employee out of an auto-enrolment pension involves processing their request to leave the pension scheme after being automatically enrolled.
This is necessary when an employee decides they do not wish to contribute to the scheme, often due to personal financial considerations.
You need to handle opt-out requests promptly and in compliance with pension regulations, ensuring the process is completed within the statutory opt-out period, typically within one month of the employee's enrollment.
Click Employee then in the search field, search for employee.
Beside the relevant employee, click VIEW.
Click Pension then beside the relevant pension code, click the three dot icon.
Click Edit then in the auto enrolment section select one of the three options:
Opt out less than 1 month
Opt out more than 1 month
Reassess, but not eligible
If a refund is required, turn on the Generate Refund toggle.
This is only possible if the employee has not been part of the scheme for more than 1 month.
Click Submit.