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NHS salary sacrifice into pension

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Comments

  • hyubh
    hyubh Posts: 3,799 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think we are being a little pedantic here.

    I don't think so. 'Salary sacrifice' is a technical term, and misusing it to mean net pay arrangements as well as actual salary sacrifice is unnecessarily confusing...
  • Twoplus
    Twoplus Posts: 43 Forumite
    Additional pension is part of your NHS scheme, and will increase your monthly payments from the scheme. You can only get this at the same time as your NHS pension, but the amount is guaranteed.
    An AVC is paid to a private provider, this money is invested. The advantage is you can get this money back from age 55, but how much is dependent on investment returns.
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