1. Home
  2. My Pay
  3. Pensions
  4. Additional Voluntary Contributions (AVCs)

Additional Voluntary Contributions (AVCs)

The Shared Cost Additional Voluntary Contribution Scheme (SCAVC) provide an opportunity for NLC employees who are members of Strathclyde Pension Fund to pay additional contributions in order to increase their pension benefits at retirement.

Further Information can be found via these links and below:
NLlife.co.uk/finances/
Prudential – Additional Voluntary Contributions (AVC)

Prudential Delays
SPFO are aware of problems some members may be experiencing with Prudential over the last few months. SPFO have escalated this to the highest level and also made The Pension Regulator aware of the issues too.
Below is a link to SPFO website which details the issues and this will be updated as meetings progress.
https://www.spfo.org.uk/index.aspx?articleid=26910

pdf
AVCs Guidance
Size: 193.36 kb
Date modified: 18-06-2019
pdf
AVC Agreement Form
Size: 100.64 kb
Date modified: 21-10-2019
Updated on 7th July 2021

Was this article helpful?

Related Articles