contract out of
Advanced (C1)formal
To formally sign a document saying you will not take part in a plan or follow a particular rule.
"The union argued that workers should not be pressured to contract out of the state earnings-related pension scheme."
Hear it in context

Panthers Live Press Conference
Carolina Panthers · 33:54
like the contract out of the way and just

Monroe Freeling makes friends on the first day of camp | Carolina Panthers
Carolina Panthers · 0:31
Monroe, getting the first-round contract like the contract out of the way

Foo Fighters: The Your Favorite Toy Interview | Zane Lowe Interview
Apple Music · 20:04
We were let go of our contract out of this key man clause thing and whatever.