You will pay the premiums for the net pension plans with the UPP and elipsLife on a monthly basis via your net salary. You will find these premiums listed on your payslip.
Unilever does not pay any contributions into the net pension plans.
The level of contribution to elipsLife depends on your age and the level of the part of your salary above the salary limit. The level of contribution and the coverage change on 1 January each year according to your age, your salary and the contribution rates.
Examples of the insured net survivors pension (SP) and monthly contributions at ages 40 and 50:
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