RPS DC members
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  • DC Members

    About the scheme - Leaving the scheme

  • Less than three months membership

    If you have less than three months membership when you leave the scheme (and you have not transferred benefits in from another pension scheme) all of your contributions, including any AVCs you have paid, will be returned to you after they have been adjusted to reflect the current investment performance. Tax will also be deducted.

    If you have transferred in to the scheme from an occupational pension scheme and your total membership on leaving the scheme plus your membership from your transfer in scheme is less than 2 years, you will have the option of a refund or transfer to another registered pension scheme.

    If you have transferred in to the scheme and you do not meet the above criteria your personal retirement account will become preserved on leaving the scheme.