What is waiver of contribution?
Updated 23 August 2021
This is a benefit you can pay for that will help pay your pension contributions if you become seriously ill or disabled and can’t work for more than six months.
If you have waiver cover in place under your current plan, the cover will stop if you transfer your pension to Retiready. As this isn't available on the Retiready platform, you should think about making other arrangements to provide this benefit in future.