You can opt out of the Scheme at any time during your employment.

However, because the Scheme is closed to new joiners, if you do decide to opt out, you will not be able to rejoin the Scheme in the future. Instead, you would join the Company’s defined contribution arrangement.

It’s important to understand what you are potentially giving up by opting out of the Scheme. Visit My Retirement Planner at BWebstream to understand more about your Scheme benefits and options.  A Q&A on My Retirement Planner is available here.