Opted Out members

  • Answer:

    Please refer to the MCR User Guide and search 'refund of contributions' for a full explanation about this including a worked example in scenario 12. You’d need to provide updates to the previously submitted service as a when earned adjustment. You’d need to make sure that this method is followed as you need to reassess the period based on when the contributions were earnt. The adjustment should then balance to be a negative amount as this would mean a refund of contributions back to the member and employer from Teachers’ Pensions has been issued.

  • Answer:

    Yes. We still require a zero in these fields so that we have confirmation they aren’t contributing towards the Scheme.

    Please make sure to leave the ‘member contribution tier’ field blank.

Forms

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Calculators

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Calculators

FAQ's

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FAQs