Are Additional Voluntary Contributions (AVCs) included in the Benefit Statement?
AVC’s are NOT included in the Benefit Statements. The payments for your AVC’s go into a totally different plan to that of your Local Government pension, and as such are kept separate from the benefit forecasts. You should receive a separate statement from your AVC provider informing you of the current value of your contributions, although exactly when you receive such a statement is ultimately down to your AVC provider.
Related Questions
- 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?
- Are Additional Voluntary Contributions (AVCs) included in the Annual Benefit Statement?
- Are Additional Voluntary Contributions (AVCs) included in the Benefit Statement?