Were most workplace schemes contracted out? Was contracting out a good idea?

As an individual, members did not get to choose whether their occupational scheme was contracted in or out. Contracting out, which came to an end in April 2016, determined whether or not an individual might be eligible for additional Second Pension or not.

If you were a member of a contracted-out pension in the past, it may still affect the level of state pension you receive. To find out whether this is the case, you can apply for a state pension forecast, as explained on the government web site.

Note: This content is provided as general background information and should not be taken as legal advice or financial advice for your particular situation. Make sure to get individual advice on your case from your union, a source on our free help page or an independent financial advisor before taking any action.