The DB Career Average plan explained
If you are employed by Unilever at 30th September 2021 there are two sections of the Unilever UK Pension Fund (UUKPF) that you can build up benefits in from 1st October 2021:
- The DB Career Average plan
- The DC Investing plan
- Or both!
You do not have to be a member of the DB Career Average Plan to save into the DC Investing Plan (and vice versa).
Prior to 1st October 2021 you could build up benefits in the Career average plan and have an optional "top-up" Investing Plan. You could not save into the Investing Plan without also building up benefits at the same time in the Career average plan.