Joining the pension scheme

Our defined contribution scheme is open to all new colleagues here at United Utilities.

Defined contribution schemes work a bit like building society accounts. Every month your contributions are deducted from your pay, double-matched by the company (less 1% deduction for life insurance costs, group income protection and administration costs) and then paid into your pension pot. This is then invested in a fund selected for you by the experts who run our award winning Scheme. 

When you retire, your final pension will depend on the amount of money that has been paid into your pot and how your investments have performed over the years.

What are you missing out on...

Further details of the great benefits available to you when you join our scheme can be found in the Defined Contribution summary (PDF 574 KB opens in new window) or by looking at our new video explaining how the DC Scheme works.

I want to join the Scheme

To join the pension scheme please complete the simple online pensions form.

What happens if I don’t join?

You lose the company contribution. You retire on State Pension or you save in a different way for your retirement.

Retirement calculator

See what pension you may get at retirement if you join the pension scheme. You will need to log in as a guest on the website with UserID - and Password: Guest123!

Pensions calculator

Don’t forget that your contributions are taken before you pay any tax or National Insurance so it may not cost as much as you think. Take a look at the contributions calculator to see how much it really costs.

Click here

Saving for the future

Video to show how the DC scheme works