Your choices at Annual Renewal

You have a number of choices in the Unilever UK Pension Fund about the way in which you build up benefits, which are set out below. You can review and revise your choices each year.

Find out more about the choices you have in a "Pension choices" live meeting. To find out more about these sessions and how to book, click here.

2021 Benefits choices - Video recording

Extra Voluntary Contributions

You can choose to pay Extra Voluntary Contributions to the DC Investing plan to build up additional pension benefits for your retirement.

You can pay Extra Voluntary Contributions regularly or you can make stand alone contributions from time to time.

Extra Life Cover option

The standard level of life cover provided by Unilever if you die whilst employed by Unilever is a cash sum of 4 times your pensionable earnings at the date you die.

You currently have the option to pay more for extra life cover of up to a total of 8 times your pensionable earnings. (Remember that life cover is based on your total pensionable earnings, ignoring the Upper Limit.)

Voluntary serious ill-health cover

Annual renewal process

The Annual renewal is your opportunity to make changes to some of the choices you have made about your pension in the Unilever UK Pension Fund

Disclaimer

We are not Independent Financial Advisers (IFAs) and nothing on this website should be construed as independent financial advice. If you feel you would benefit from speaking to an IFA about your personal circumstances, you can find more information here.