Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

ADDITIONAL VOLUNTARY CONTRIBUTIONS AND ADDED YEARS I am contributing to an AVC (other than to increase death-in-service) under AFPS 75 (or buying added years of service). If I transfer to AFPS 05, what happens to the contributions I have made?

0
Posted

ADDITIONAL VOLUNTARY CONTRIBUTIONS AND ADDED YEARS I am contributing to an AVC (other than to increase death-in-service) under AFPS 75 (or buying added years of service). If I transfer to AFPS 05, what happens to the contributions I have made?

0

The scheme actuary will calculate the value of your past contributions in terms of additional reckonable service and add the figure to your reckonable service to be transferred. However, you cannot transfer more than 35 years’ service into AFPS 05.

Related Questions