All employers must put their eligible employees into a workplace pension under government rules. This is known as automatic enrolment.
The Co-op will automatically enrol you into Pace DC if you meet the criteria.
For more information on the criteria and the process for automatic enrolment use the flowchart here or read the new colleague factsheet.
Currently, if you are automatically enrolled in Pace DC you will contribute 1% of your Pay and the Co-op will contribute 2%, this will increase to 2% of your Pay (3% from the Co-op) from October 2017.
If you don’t meet the automatic enrolment criteria you can join Pace DC by completing the ‘Join Pace DC’ form.
You can get more information about automatic enrolment in the pension guide
for members of Pace DC, and more general information about automatic enrolment and workplace pensions from the government website www.gov.uk/workplacepensions
After you have been automatically enrolled and you have received your enrolment pack from Legal & General, if you don't want to save for retirement you can opt out.