Pension AVCs

johng_uk

Has anyone had any experience of AVCs (Advance Voluntary Contributions I believe!)

What actually are they (I have a rough idea) and are they worth it?

stephenni1971

Not an expert on AVC's by any means... but one bit of info I had was that if you are on the old 75 pension scheme, you have fixed Death In Service benefits based on rank, however with AVC's you can get the higher rates payable on the 05 pension scheme.

Not probably worth it for a private or SAC but from Sgt up may be worth a look...

Geezer_BJ

I'm interested in AVC's .... where's the best place to go for advice? Would this top up my pension or just increase the death in service benefit, I would like to do both if possible.

Thanks

stephenni1971

I'm interested in AVC's .... where's the best place to go for advice? Would this top up my pension or just increase the death in service benefit, I would like to do both if possible.

If you're Army, then your admin office is the best bet - ideally the FSA, Chief or RAO, as it's unlikely your clerks will have access to the information.

To be honest among the units I am familiar with, very little knowledge of it so be prepared to be fobbed off - but persevere!

davilown

Not too sure, but check on the various service sites i.e. ARRSE.co.uk (Army), E-goat.co.uk (RAF) - should be some bits on there for you to peruse