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Full Policies Pay and benefits pack

Pension scheme policy

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Use this if you require a robust and practical pension scheme policy.

Reading time
How long to understand and implement this policy?
5 mins
Word count
How many words in this policy?
106
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What is a Pension scheme policy?

The purpose of this Pension scheme policy is to provide you with a flexible and customisable document to serve as a robust and effective starting point for you.

By using our Pension scheme policy, you can streamline your process, maintain consistency and accuracy, and save time, and it can be easily adapted to fit your specific scenario.

Best practice timescale for this to be issued
When should this policy be issued?
During onboarding / after changes / planned refresher
Issued by who, to whom
Who should issue this policy, and to whom?
Internally issued to appropriate recipients in your Company
Applicable legal jurisdictions
In which jurisdictions can this policy be used?
Great Britain & NI (United Kingdom), Worldwide

Pension scheme Policy

Overview

The purpose of this policy is to provide information and procedures regarding the Company pension scheme.

Scope

This policy is applicable to all employees of [company name].

General principles

You will be automatically enrolled into the [Company Pension | NEST] scheme, details of which you should have received when you started (if you have not yet received this please speak to your line manager). You may choose to opt-out of the scheme if you so wish. Please note that no member of the Company can advise you on whether you should opt-out or not.

If you are unsure, you should seek independent financial advice.

This policy [does not] form[s] part of your terms and conditions of employment.

Version: [1.0]

Issue date: [date]

Author: [name, job title]

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pension scheme policy