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ADDITIONAL VOLUNTARY CONTRIBUTION Additional voluntary contributions (AVC) are extra amounts to your normal monthly contribution that you make as a member of TAG Retirement Fund (the Fund) in order
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What is what is an avc?
An AVC (Additional Voluntary Contribution) is an option available to members of certain pension schemes, allowing them to contribute additional funds to enhance their retirement benefits.
Who is required to file what is an avc?
Individuals who wish to make Additional Voluntary Contributions to their pension scheme may need to file an AVC, generally arranged by the pension provider or employer.
How to fill out what is an avc?
To fill out an AVC, an individual typically needs to complete a form provided by their pension scheme, detailing the amount they wish to contribute and the payment method.
What is the purpose of what is an avc?
The purpose of an AVC is to allow individuals to increase their pension savings to provide a more secure financial future upon retirement.
What information must be reported on what is an avc?
Information required may include personal details, the amount of contribution, payment frequency, and scheme details.
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