Paid-Up and Deferred Members

Paid-Up Members
Leaving your benefits Paid-Up within the fund provides you with an effortless and cost-effective way to preserve your retirement savings for the future.

If your benefit becomes Paid-Up, no further contributions will be payable, and your money will remain invested up until such time as you provide us with an instruction to either pay the benefit out in cash, transfer it to another approved fund or until you retire.

Forms

Deferred Members
Deferring your retirement benefit provides you with an effortless and cost-effective way to preserve your retirement savings for the future within the Unicover Pension or Provident Funds.

Once your retirement benefit has been made deferred, no further contributions are payable and your money will be invested up until such time as you give the Unicover Fund an instruction as to how you would like to have the benefit paid out.

As long as you continue as a deferred member, the Unicover Trustees will aim to ensure that your benefits remain invested appropriately and that you continue to receive investment returns.

Forms