Net old age pension
You can choose to accrue capital with the UPP over the part of your salary that is over € 128,810. With this capital you will buy a net pension on your retirement date from an insurance company of your choice.
Your official retirement age is 67 years and 3 months or your earlier AOW age. You are however free to arrange for your pension to start before then. You will receive the net old-age pension that you purchase for the rest of your life.
About the UPP
The Unilever Pension Plan (UPP) is based in Luxembourg. It is a pension fund that administers Unilever pension plans for different European countries. Unilever Netherlands has set up this net pension saving plan through the UPP.
The investment scope of Unilever’s pension funds allows the UPP to invest at low cost.
The level of retirement pension
If you would like to know how much capital you have accrued, log onto the UPP Pension Online website (via Allianz) for an up-to-date summary of your invested contributions and investment value.
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