Opting out of the plan
You can leave the plan if you want to, even if you still work at Unilever – this is called ‘opting out’. If you decide to do this, you must contact Unilever Peoplelink at least one month before you want your membership to end.
Once you have opted out, you will only be able to change your mind and re-join once. You will need Unilever's agreement and you may have to undergo a medical or give evidence you are in good health. Unilever reserves the right to restrict benefits if you re-join. You will receive details at the time you ask to re-join.
Before you opt out, please consider:
- You will miss out on valuable benefits if you leave the plan. Unilever pays towards your pension in the Career average plan and covers its running costs.
- There are also serious ill health and life cover benefits in place for you and your family while you are in pensionable service.
If you are thinking about opting out, or you are uncertain about any area of your financial planning, you should take independent financial advice.