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It should be noted that when assessing eligibility for week 1, it is still the earnings for the period 26/03 - 06/04 that are used
- Postponement End Date - Enrolment can be postponed for up to 3 months based on rules set out in legislation. If this is to apply the end date of the postponement period should be entered here. The auto enrolment assessment date for the worker will be the day after this dat
- Opted out Date - Within a limited time period after enrolment the employee can opt out of the scheme and have their contributions refunded. The date should be entered here. This will automatically end any current pension scheme for the employee and refund any deductions taken.*
- Terminate Date - Even after the opt-out period the employee can resign from the scheme at any time. This field will be used in future in order to determine when the worker requires re-assessment and re-enrolment into a scheme
- Notice Date - Any worker (aged 16 or more and less than 75) under the new legislation can ask their employer to be made an active member of a pension scheme (even during a postponement period). The date a joining notice is received is entered here.
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Figure 4.1
Also included in this screen is the capability to override the legislative default rates.
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It should be noted that if the worker wishes to leave the scheme beyond 1 month of notification, a Terminate date should be entered against the worker, not an opt-out date, and no refunds given