Change Contributions Form
Your request will be processed in the payroll month after you have submitted your application.
Member contributions:
Your contribution (%)
Employer contribution (%)
3%
4%
5%
Over 5%*
6%
8%
10%
Please select from the dropdown menu below to confirm what you would like to do with your contribution rate.
*You can contribute more than 5%; however the Company will not contribute more than 10%. If you wish to make an Employee contribution in excess of 5%, please complete the AVC section below.
Your Employer will make the adjustments from the next available date.
Initially, contributions will be invested in the default investment choice of the scheme. You can change your investment choice after joining the scheme, by registering for 'Manage Your Account'.
If you are a member of the former UPM DC Scheme with legacy DB benefits, please contact your local HR Business Manager.
You can pay an Additional Voluntary Contribution (AVC) on top of your chosen contribution rate each month. This can be a fixed monthly amount or percentage or a single lump sum. If you wish to pay AVCs in addition to your chosen contribution rate, select the relevant drop-down box and enter your preferred AVC.
When you first join the Plan your contributions will be automatically invested in the default option (Target Date Fund).
You can select alternative funds and switch your investments any time after your first contribution is paid.
Please note: you can change your investments and retirement age at any time through Legal & General’s Manage Your Account service following confirmation of your membership.
Complete an 'online signature' by entering your full name and today's date in the boxes below before submitting this form.