Changing your contribution tier within the Scottish Widows Master Trust
Changing your contribution tier
This form is for Capita employees who are already members of the SWMT - Your Future Income Plan who wish to change their contribution category between the two tiers that are available. It cannot be used for setting the contribution rate within a tier, which can be done using Money4Life.
If you have any questions about your change request or are unsure which tier you are currently in please contact your employer via Peoplehub@capita.com. Please ensure that you quote your payroll number in your email.
If you want to change your contribution tier, please complete the form below. Once submitted your request will be passed to your employer to update.
Contribution rates
You’ll make your pension contributions through salary exchange (unless you request otherwise). This means you give up (exchange) part of your salary, which your employer adds to their pension contributions. By doing this you don't pay tax on your pension contributions.
Please note that Capita's default position is to deduct contributions via salary exchange; however, if this deduction takes you below statutory minimums, Capita will adjust your contribution accordingly to prevent this.
If you want to change your contribution tier, please complete the form below.
Your privacy is important to us. To understand how the personal information you give us will be used, please read our Scheme data privacy notice (PDF, 236KB) or you can ask us for a copy.