Mirror Image Section - About United Utilities

Glossary of terms (continued)MISThe Water Mirror Image Pension Scheme, benefitsfrom which were transferred to the Mirror Imagesection of UUPS on 1 April 1998.Non-Manual EmployeeYou are a Non-Manual Employee if your job iswholly or mainly administrative, professional, technicalor clerical.Normal Retirement Date (NRD)The earlier of:(a) the date you complete 40 years’ PensionableService, excluding any additional service securedby the payment of AVCs, if you are 60 or over,(b) the day before your 65th birthday.Pensionable EarningsIf you are a full-time employee, your annual rate ofsalary or wages for your contractual hours ofemployment, including shift allowance, bonus,contractual overtime and any specified fluctuatingpayments notified to you by your employer. It doesnot include overtime you choose to work, travellingor subsistence allowances, pay instead of holidaysor notice, or the value of benefits in kind unlessotherwise advised to you by your employer. If you area part-time employee, benefits are calculated usingyour full-time equivalent pay and service based onthe proportional hours you actually work.Pensionable Service (used to calculate benefits)Your period of actual contributory membership ofUUPS up to the date you retire or leave UUPS(calculated in years and days) including any creditedservice resulting from your membership of MIS andany other pension scheme of the Company fromwhich you have transferred benefits, together with anyadditional service secured by the payment of AVCs.Any additional service that may have been grantedas a result of a transfer from another employer’spension scheme or personal pension is not includedin the definition of Pensionable Service but will beused to provide additional benefits as notified to you.26 United Utilities Pension Scheme Members’ Guide