Choose Pension Choice OR Savings Choice

  • UC offers you a choice of two different primary retirement benefit options.
  • Both provide a valuable retirement benefit that you can use—along with the Social Security benefits and any other savings you may have—to help build retirement income.
  • Both you and UC contribute to the cost of the option you select. You choose the option that fits you best.
  • Remember, the sooner you make your choice, the sooner you start receiving UC contributions (and service credit under Pension Choice). If you don’t make an election within 90 days from your date of hire (or your eligibility date), you automatically will be enrolled in Pension Choice.
Note: Each option is a separate, qualified retirement plan. Contributions and service credit under each of the options are generally not combined for purposes of determining eligibility for, or calculating benefits under, either of the options.