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The Superannuation Arrangements of the University of London |
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Deferred Members ► Leaving Employment Once you leave a SAUL employer you can no longer make contributions to the Scheme and the benefits that you have built up will be ‘deferred’ at the date you leave. You may keep your benefits in SAUL, where they will increase until you retire. If you are aged over 50 and joined SAUL before 6 April 2006, or over 55 and joined SAUL on or after that date, you may be able to retire from active membership immediately. You may also transfer your benefits to another registered pension plan or if you have less than two years’ service in SAUL you may be able to take a refund of your contributions. |
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Quick Links |
Leaving process Your employer will inform SAUL that you are leaving employment. SAUL aims to write to you at your home address within 10 working days of receiving the necessary information from your employer. We will tell you the value of the benefits that you have built up in the Scheme at the date you left employment and payable from your Normal Pension Date. We will also tell you which options are available. We are required to provide details of your deferred benefits within two months of your employer telling us that you have left. |
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