Mirror Image Section - About United Utilities

UUPS – Mirror Image section at a glanceThe following list shows the main benefits and provisions of theMirror Image section of UUPS. You will find a fuller explanationlater in the sections of this Guide.EligibilityClosed to new entrants.Member’s contribution level6% of Pensionable Earnings(Non-Manual employees).5% of Pensionable Earnings(Manual employees).Retirement benefits• Pension – 1/80th of Final PensionableEarnings for each year of PensionableService, plus• Lump Sum – usually 3/80th of FinalPensionable Earnings for each year ofPensionable Service.Voluntary retirementFrom age 60:• Unreduced pension and lump sum(if 25 or more years Qualifying Service);• Reduced pension and lump sum subject toGMP requirements (if less than 25 yearsQualifying Service).Between ages 50 and 60:• Reduced pension and lump sum (subject toyour employer’s agreement).Redundancy retirementFrom age 50:• Unreduced pension and lump sum.Incapacity retirementPension and lump sum benefits based onactual Pensionable Service plus additionalservice (dependent on your length ofPensionable Service).Death in serviceSpouse’s pension: At the rate of yourFinal Pensionable Earnings for 3 monthsand then usually 50% of the pension payableto you had you retired due to Incapacityand Children’s pensions (if applicable) andLump sum: usually 4 times your FinalPensionable EarningsDeath after retirementSpouse’s pension: At the rate of your pensionfor 3 months and then usually 50% of yourretirement pension in payment and Children’spensions (if applicable) andLump sum: taking into account the pensionand lump sum payments you had alreadyreceived.Pension increasesIn line with the annual increase in theRetail Prices Index (RPI).United Utilities Pension Scheme Members’ Guide 3