Common use of PENSIONS AND PENSION SCHEME Clause in Contracts

PENSIONS AND PENSION SCHEME. 12.1 If Your employment is full-time or part time and You are between the ages of 16 and 75 and Your employment is for a period of 3 months or more, You shall be automatically enrolled as a member of the Teacher’s Pension Scheme (“TPS”) or other appropriate pension scheme. 12.2 If Your employment is full-time or part time and You are between the ages of 16 and 75 and Your employment is for a period of less than 3 months, You will not be automatically enrolled as a member of the TPS or other appropriate pension scheme. You may elect to opt-in to the TPS or other appropriate pension scheme and should consult the Academy Trust Company and/or Academy’s Pensions Policy, if applicable. 12.3 You may, at any time in the course of Your employment, opt out of the TPS or other appropriate pension scheme and make alternative arrangements. Notice to do so should be given in accordance with the Academy Trust Company and/or Academy's Pension Policy. 12.4 A contracting-out certificate is in force which means that the TPS or other appropriate pension scheme applies in place of the State Earnings Related Pensions Scheme (SERPS). If You choose to opt-out of the TPS or other appropriate pension scheme You will cease to be contracted-out (save insofar as clause 12.3 applies) and, unless You take out Your own contracted-out personal pension, You will have to contribute to SERPS.

PENSIONS AND PENSION SCHEME. 12.1 13.1 If Your your employment is full-full time or part time and You are between the ages of 16 and 75 and Your employment is for a period of 3 months or more, You shall automatically be automatically enrolled as a member of the Teacher’s Local Government Pension Scheme (“TPSLGPS”) or other appropriate pension scheme. 12.2 13.2 If Your your employment is full-full time or part time and You are between the ages of 16 and 75 and Your employment is for a period of less than 3 months, You will not be automatically enrolled as a member of the TPS LGPS or other appropriate pension schemescheme as notified to you. You may elect to opt-in to the TPS LGPS or other appropriate pension scheme and should consult the Academy Trust Company Company’s and/or Academy’s Pensions Policy, if applicable. 12.3 13.3 You may, at any time in the course of Your employment, opt out of the TPS or other appropriate pension scheme and make alternative arrangements. Notice to do so should be given in accordance with directly to the pension provider and to your Academy Trust Company and/or Academy's Pension Policyoffice. 12.4 13.4 A contracting-out certificate is in force which means that the TPS LGPS or other appropriate pension scheme applies in place of the State Earnings Related Pensions Scheme (SERPS). If You choose to opt-out of the TPS LGPS or other appropriate pension scheme You will cease to be contracted-out (save insofar as clause 12.3 13.3 applies) and, unless You take out Your own contracted-out personal pension, You will have to contribute to SERPS.