What are normal AVCs?
AVCs are Additional Voluntary Contributions that can be paid in addition to your normal Scheme contributions to provide additional benefits at retirement. Normal AVC payments are flexible and are deducted as either a fixed monetary amount or a percentage of your weekly or monthly pay before tax. You can also make one-off payments. You can change the amount you pay from the 1st of any future month. Written instructions must be received by the 20th of a month in order to take effect from the 1st of the following month.