Unilever UK Pension Fund - Final salary plan

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Paying into the plan

This section of the website explains how much you pay into the plan and how contributions cost you less because of tax relief. It also explains how the Unilever Contribution Arrangement works and how you can make extra contributions to add to your benefits.

Contributions

Your contributions are 7% of your pensionable salary above the lower earnings limit. You may have the option to increase your contributions to 8.5% of your pensionable salary above the lower earnings limit (this is currently available until December 2010).

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Adjusting for part time

If you work part time, your contributions are adjusted to reflect this.

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Paying extra

Whether you choose 7% or 8.5% contributions, you have the option to make extra contributions to add to your benefits.

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Members who joined on or before 1 October 1987

If you joined the Unilever UK Pension Fund or the Unilever Superannuation Fund on or before 1 October 1987, you can choose to stop contributions at age 60 even though you are continuing to work at Unilever.

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