What happens if you leave?

If you leave service, no further contributions will be payable into FuturePlanner.

On leaving service, contributions cease from both you and the Company and your Retirement Account with FuturePlanner will remain invested.

If you are younger than age 55, you will become a ‘deferred’ member of the Plan. In the short term, you can continue to review the progress of your Retirement Account and make changes to your investments through the investment switch form.

If you are aged 55 or over, you can remain as a deferred member or you can draw your benefits. There is more information in the approaching retirement section.

The main option, however, if you are a deferred member, is to transfer your benefits to another registered pension provider or for there to be a buy-out into a personal arrangement. You can find more information about transfers and buy-outs here.