© NEST Corporation 2013 Information for Thorpe Molloy Temporary Workers.

© NEST Corporation 2013

Information for Thorpe Molloy Temporary Workers


Your workplace pension rights

Millions of workers have recently been given the opportunity to save in a workplace pension schemeWe may have to automatically enrol you into a pension scheme if you’re not already in oneWe may have to put money into the scheme on your behalf if you’re eligible and you may get tax relief from the government If you don’t want to remain a member you can opt out

© NEST Corporation 2013© NEST Corporation 2013

Who’ll be automatically enrolled?

If you’re at least 22 but under State Pension age and earn more than £10,000 each year

you’ll be automatically enrolled

you’ll get contributions from us

you can opt out within one month of enrolment

you’ll receive a letter giving you more information


What if I’m not automatically enrolled?


Asking us to enrol you

You can ask to join if you’re aged over 16 and below 75

You’ll qualify for employer contributions if you earn over £5,772


Your workplace pension scheme

NEST is for the millions of people who want a great value workplace pension scheme that does the hard work for them.

Easy to understandYou can look after your account onlineUK Call Centres for assistanceLow chargesManages your money carefully according to your age One retirement pot for life which you can pay into if you change jobs


Who pays into your retirement pot?

£0.20

£0.80 £1.00


Retirement funds designed around your plans

NEST 2058 Retirement

Fund

NEST 2039Retirement

Fund

NEST 2022Retirement

Fund


NEST’s other fund choices

NEST offers choice for those who want itNEST Ethical FundNEST Sharia FundNEST Higher Risk FundNEST Lower Growth FundNEST Pre-retirement Fund


Taking your money out of NEST

You can take your money out at any time after reaching age 55You can buy a retirement income, take a cash lump sum or a combination of both If you suffer from ill-health you may be able to take your money out earlyIf you die before taking your money out you can make sure it goes to your loved ones


What’s going to happen?

We’ll send you a letter letting you know your optionsIf you’re automatically enrolled or opt in, NEST will send you a welcome pack with your NEST IDOnce you’ve got your NEST ID you can switch on your online account


What if you’re automatically enrolled and want to opt out?

You can opt out within a month once you’ve got your NEST ID:OnlineBy telephoneBy post


When is this happening?

You’ll be assessed for auto-enrolment after 12 weeks of employment.


Want to know more?

Speak to your Consultant or Payroll Contact

Visit nestpensions.org.ukEmail [email protected] NEST on 0300 020 0090

© NEST Corporation 2013 Information for Thorpe Molloy Temporary Workers.

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