Hi, Has anyone opted out of the teachers pension scheme? What happens and how long does it take and is it possible to rejoin later, say after a few years of not being in it. I've been teaching for 8 years and I'm 38. What happens to the benefits you would have accrued if you stop and start it? The thing is, I am a single mum of two with no other income except my wages and I am worried about when the new pension deal starts as I can't afford to pay the extra on top of my student loan. Sounds a bit dramatic, but I'm so worried. Thanks for any help in advance!