Pensions a member of staff opts out, you must alert payroll to stop taking contributions from that employee. Staff who opt out can opt back in later. What's in it for me? The government tops up pension savings with 20% tax relief, so for every 80p paid into a pension, the state tops it up with 20p. Any employee who pays tax at more than the basic rate can claim more tax relief through their annual self-assessment tax return. In addition to this, employees: * Will receive their workplace pension on top of the state pension * May be able to take all their 214 pension pot in one lump sum * Could be entitled to take 25% of their pension pot tax-free Keep an eye on it Whether or not you have staff eligible for a pension scheme, all employers have ongoing duties for automatic enrolment. Every time you pay your staff - including new starters - you must monitor their age and earnings to see if they qualify. You'll also need to manage requests to join or leave your chosen scheme. You must also keep records of how you've met your legal duties. These records must be kept for six years, except for requests to leave the scheme, which must be kept for four. You must also keep records of how you've met your legal duties Every three years you'll need to put staff back into your scheme if they've left it and if they meet the criteria to be put into it. This is known as re-enrolment. The Pensions Regulator will write to you in advance of your date to explain more.