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Freezing NHS pension contributions
jenevieve
Posts: 564 Forumite
I have contributed to my NHS pension for the last 15 years since I was 18 (apart from a 2 year break when I worked abroad).
I am just wondering if it is possible to opt out or freeze contributions for any length of time and opt back in again at a later date?
Many thanks.
I am just wondering if it is possible to opt out or freeze contributions for any length of time and opt back in again at a later date?
Many thanks.
Proud to be dealing with my debts
Official DMP Mutual Support member 262
Official DMP Mutual Support member 262
0
Comments
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You can but why would you want to?
The pension is one of the few good things about working for the NHS.0 -
IIRC, If you exit you cannot get back in again.
Given the low net contribution rate and the gold plated quality of the pension, it would seem daft to leave the scheme.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
I have contributed to my NHS pension for the last 15 years since I was 18 (apart from a 2 year break when I worked abroad).
I am just wondering if it is possible to opt out or freeze contributions for any length of time and opt back in again at a later date?
Many thanks.
Yes you can leave and rejoin but you may regret it later.
This guide will help you - read pages 40 to 42 for info.
http://www.nhspa.gov.uk/nhspa_site/pdf/memberguides/sdguide.pdf0
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