If you pass your one month opt out period, all paid contributions to date remain in your fund. However, you will stop paying contributions going forward once you cease your membership. You can do this on your Smart Pension account by following the instructions below.

1. From your account, go to the Menu button and select Profile Details. Then select Manage Membership.

2. At this stage you will be requested to confirm that you wish to cease your membership, type in the required words (ceased_membership) and then click on the button which says 'I UNDERSTAND THE CONSEQUENCES'.  

Please note that you will not be entitled to a refund of previous contributions when ceasing your active membership.  You will become a deferred member, which means no further contributions will be taken and your funds will remain invested in the scheme until you either transfer the funds to another registered pension scheme or reach pensionable age and action your retirement options.

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