Leaving Your Plan
If you opt out of the RMPP or leave your employer, you and your employer will stop contributing to the RMPP.
As long as you have completed three months as an active member of the RMPP, you can choose to keep your benefits in the RMPP or you can transfer your benefits to another pension arrangement. If you’re leaving to take your benefits immediately, look at the section on ‘Planning Your Future’.
A note on opting out of the RMPP
If you’re staying with your employer but you want to opt out of the RMPP, you’ll need to let HR or the payroll department know. By doing so, you’ll stop paying contributions and won’t build up any more benefits. You must give two months’ notice if you’re paid monthly, and two weeks’ notice if you’re paid weekly. Beware: if you opt out, you can’t join again later. You may be automatically joined to the Royal Mail Defined Contribution Plan at a later date in line with Government ‘automatic enrollment rules.