Below you will find a high-level process map showing the various steps involved in commencing the payment of AVCs. For more detailed information please also see The Guide to the Defined Benefit Section’s Additional Voluntary Contributions arrangements Guide.
Click on the numbers below to reveal more information about each step.
To start paying AVCs you need to complete an application form. There are different forms depending on whether you choose the in-house or commercial AVC arrangement. For more information on both these arrangements please take a look at the Guide to the Defined Benefit Section's Additional Voluntary Contributions (AVC) Arrangements.
Once you have completed the relevant AVC application form you need to send it to the Administration Team. Their address is on the form.
The Administration Team will undertake some checks to make sure what you have requested is within the agreed limits.
Once all the checks are completed, the Administration Team will send a copy of your AVC application form to HR.
HR will make all the arrangements to deduct your AVCs from your salary and for it to be paid to the Trustee.
Once the deductions are being made, HR will confirm this to the Administration Team so your record can be updated to reflect this.