You don’t have to join the ITV Auto-Enrolment Plan (AE Plan) (referred to as ‘opting out’) or, if you’re already a member, you can cancel your membership at any time.
Please think carefully before opting out or cancelling your membership as you’ll stop building up savings for your retirement and you’ll also be giving up any contributions that ITV make towards your savings.
Every 3 years, we’ll re-enrol you in the AE Plan if you’re still eligible. You can choose to opt out or cancel your membership again. You can also ask to be re-enrolled into the AE Plan at any time.
You generally have one month from when you’re notified you’ve been enrolled in the AE Plan to tell us whether you want to remain a member. If you opt out during this period (your opt-out window), you’ll be treated as though you were never enrolled into the AE Plan. We’ll refund any contributions you’ve made through your salary, either the same month or the following month depending on whether you submit your form before or after the monthly payroll cut-off date. We can’t refund your contributions if you decide to cancel your membership after the opt-out window has expired; your savings will remain in the AE Plan.
You can opt out online or by phone. You’ll need your National Insurance number and your AE Plan reference number – you’ll find this in the email telling you you’ve been enrolled.
To opt out online:
To opt out by phone:
If you want to cancel your AE Plan membership once your opt-out window has expired (generally one month after the date we told you you’d been enrolled in the AE Plan), you’ll need to ask ITV Pensions for an ‘AE Plan Cancellation form’. Your AE Plan membership will end on the first day of the month after ITV Pensions receives your completed form.
We can’t refund any contributions you’ve made if you decide to cancel your membership after the opt-out window has expired; your savings will remain in the AE Plan.