LETTER 1B EJH NEST VERSION 1 22/02/13 NWPAEG

(Please note: The elements that are required by law are shown highlighted in yellow. Remove the yellow highlight and this sentence from the final version).

[Insert Date]

[Insert Name]

[Insert Address]

Dear [Insert Name]

NEST (National Employment Savings Trust) Pension Scheme – A change in the law that affects you

To help people save more for their retirement, the government now requires employers to enrol their workers into a workplace pension scheme. This applies to those who aren’t already in one and who:

  • earn over £9,440a year (£787 a month) (£182 a week)
  • are aged 22 or over; and
  • Are under State Pension age.

As you are not currently entitled to join the NHS Pension Scheme in this employment we therefore are enrolling/enrolled [select as appropriate] you into the NESTPension Scheme on [insert automatic enrolment date] (your automatic enrolment date).

  • You can choose to opt out of the scheme if you want to, but if you stay in you will have a pension which will be paid to you when you retire.
  • Your Employer and you will both pay into it every month
  • The government will also contribute through tax relief
  • Your pension belongs to you, even if you leave us in the future

Why is this happening?

The government’s aim is for more people to have another income, on top of the State Pension, when they come to retire. The basic State Pension is intended to be a foundation - you may want more. Employers are enrolling their workers automaticallyinto a scheme to make it easier for people to start saving.

What doesjoining the Pension Scheme mean for you?

The payments into your pension will be:

  • Your contribution –[insert percentage] of qualifying earnings this will be taken directly from your pay.
  • Our contribution - an amount equal to [insert percentage] of qualifying earnings.

Qualifying earnings are defined as those earnings between £5668 - £41450 per annum.

The government takes tax off your income. You can see this on your pay-slip. Tax relief means some of your money that would have gone to the government as tax, now goes into your pension instead.

In this Pension Scheme, standard rate tax relief goes into your pension through the net pay arrangement. This means you do not need to do anything to get the tax relief paid into thisPension Scheme. It will happen automatically. If you are a higher rate tax payer you could get more tax relief but you will need to claim this from HMRC as it won’t be added to your pension.

Where do I find out more information about the NEST Pension Scheme?

Further information about the NEST Pension Scheme is available on thescheme website at by telephoning the member helpline on 0300 020 0090.

What you need to do now

If you want to stay in the pension scheme you don’t have to do anything. Your membership of the scheme will start automatically.

If you want to opt out of the pension scheme, follow the instructions below.

Yours sincerely

(Name)

(Title)

How to opt out

You can only opt out directly with NEST using your unique NEST ID in the following ways:

Visiting the NEST website at or by telephoning the member helpline on 0300 020 0090

Your unique NEST ID and a link to the opt out page on the website will be within your NEST member pack which you will receive shortly directly from NEST.

If your opt-out request is received within one month of the date of this letter you will be removed from the pension scheme. Any payments you have already made will be refunded and you will not have become an active member of the scheme on this occasion.

If you want to stop making payments after the end of the one month opt out period, you can do so. However, the payments you have already made will not be refunded.

If I opt out or stop making payments, can I re-join a workplace pension scheme at a later date?

Yes, you can rejoin a workplace pension scheme. To do so, contact the [insertdepartment] at the above address by sending a letter, which has to be signed by you, informing us that you wish to join the workplace pension scheme. Or if sending electronically, in addition it has to contain the phrase “I confirm I personally submitted this notice to join a workplace pension scheme” and be submitted from a Trust internal email address to [email address]

The [insert department] will then assess which of the workplace pension schemes you can join (either the NHS Pension Scheme or our alternate scheme NEST) and advise you accordingly.

A regular reminder

Anyone who opts out or stops making payments will be automatically enrolled back into a pension scheme at a later date (usually every three years). This is because your circumstances may have changed and it may be the right time for you to start saving. We will contact you when this happens and you can opt out if it’s still not right for you.

For information on pensions and saving for later life visit:

If you are under 75, work or usually work in the UK, and earn over £5,668 a year:

- Wemust by law continue to maintain your membership of a scheme that meets certain government standards; and

- If your membership of such a scheme ends (and it is not because of something you do or fail to do), we must by law put you into another scheme that meets government standards straightaway.