Joining/amending contributions

To rejoin the defined contribution (DC) scheme, amend your DC contribution rate or any member wishing to pay additional voluntary contributions (AVC), use the quick and simple online pensions form. Please note that any AVCs are paid in addition to your basic contribution.

You will need your UU employee number to complete the form.

 

Personal Information

Joining the pension scheme

To rejoin the defined contribution (DC) scheme, amend your DC contribution rate or any member wishing to pay additional voluntary contributions (AVC), use the quick and simple online pensions form. Please note that any AVCs are paid in addition to your basic contribution.

You will need your UU employee number to complete the form.

 

Contribution Rate

By contributing 3% of your pensionable earnings UU will contribute 6% to your scheme.

By contributing 4% of your pensionable earnings UU will contribute 8% to your scheme.

By contributing 5% of your pensionable earnings UU will contribute 10% to your scheme.

By contributing 6% of your pensionable earnings UU will contribute 12% to your scheme.

By contributing 7% of your pensionable earnings UU will contribute 14% to your scheme.

If you contribute 7% or over, the amount above 7% will be classed as an Additional Voluntary Contribution (AVC). In this case please specify exactly how much above the 7% you would like to contribute below:

Please Note: There will be a 1% deduction to cover risk benefits and administration charges. The maximum total contribution is £40,000 per tax year.

UU's contribution is capped at 14%.

Investment Allocation: Your contributions will automatically be invested in funds decided by the Trustee. Shortly after joining you will be sent details of how to access your pension records and make investment choices should you wish to do so.

Declaration

* PensionSaver is a more efficient way of saving for your pension benefits compared to making contributions in the traditional way. You don’t pay any pension contributions yourself, and instead, United Utilities pays an amount into your pension account equal to the contribution you would have paid yourself. As you don’t pay pension contributions, you are agreeing to reduce your contractual gross salary by the amount you would have paid as a contribution. The result is that you will pay less in National Insurance (NI) contributions than you otherwise would have done. We expect that most employees will benefit from PensionSaver, so you will be automatically included in PensionSaver unless you tell us you wish to opt-out by using the contact form on our internal Ask HR.

Amend/commence Additional Voluntary Contributions

o rejoin the defined contribution (DC) scheme, amend your DC contribution rate or any member wishing to pay additional voluntary contributions (AVC), use the quick and simple online pensions form. Please note that any AVCs are paid in addition to your basic contribution.

You will need your UU employee number to complete the form.

 

Additional Voluntary Contributions

Please Note: The maximum total contribution is £40,000 per tax year

Investment Allocation: Your contributions will automatically be invested in line with your current contributions. If you are paying AVCs for the first time your contributions will be invested in funds decided by the Trustee. Shortly after joining you will receive details of how to access your pension record and make investment choices should you wish to do so

Declaration

* PensionSaver is a more efficient way of saving for your pension benefits compared to making contributions in the traditional way. You don’t pay any pension contributions yourself, and instead, United Utilities pays an amount into your pension account equal to the contribution you would have paid yourself. As you don’t pay pension contributions, you are agreeing to reduce your contractual gross salary by the amount you would have paid as a contribution. The result is that you will pay less in National Insurance (NI) contributions than you otherwise would have done. We expect that most employees will benefit from PensionSaver, so you will be automatically included in PensionSaver unless you tell us you wish to opt-out by using the contact form on the internal Ask HR pages.

Change DC contribution rate

To rejoin the defined contribution (DC) scheme, amend your DC contribution rate or any member wishing to pay additional voluntary contributions (AVC), use the quick and simple online pensions form. Please note that any AVCs are paid in addition to your basic contribution.

You will need your UU employee number to complete the form.

Contribution Rate

By contributing 3% of your pensionable earnings UU will contribute 6% to your scheme.

By contributing 4% of your pensionable earnings UU will contribute 8% to your scheme.

By contributing 5% of your pensionable earnings UU will contribute 10% to your scheme.

By contributing 6% of your pensionable earnings UU will contribute 12% to your scheme.

By contributing 7% of your pensionable earnings UU will contribute 14% to your scheme.

If you contribute 7% or over, the amount above 7% will be classed as an Additional Voluntary Contribution (AVC). In this case please specify exactly how much above the 7% you would like to contribute below:

Please Note: There will be a 1% deduction to cover risk benefits and administration charges. The maximum total contribution is £40,000 per tax year.

UU's contribution is capped at 14%.

Investment Allocation: Your contributions will automatically be invested in line with your current contributions.

Declaration

* PensionSaver is a more efficient way of saving for your pension benefits compared to making contributions in the traditional way. You don’t pay any pension contributions yourself, and instead, United Utilities pays an amount into your pension account equal to the contribution you would have paid yourself. As you don’t pay pension contributions, you are agreeing to reduce your contractual gross salary by the amount you would have paid as a contribution. The result is that you will pay less in National Insurance (NI) contributions than you otherwise would have done. We expect that most employees will benefit from PensionSaver, so you will be automatically included in PensionSaver unless you tell us you wish to opt-out by using the contact form on the internal Ask HR pages.

Final step

Nearly there, all you need to do is submit the form using the button below