Additional Contributions
There are 2 facilities which allow you to top up your pension benefits. The 2 options are:
- Additional Regular Contributions (ARCs)
- Additional Voluntary Contributions (AVCs)
If you do start paying ARCs or AVCs, your employer does not pay extra contributions towards your ARC or AVC.
If you wish, you can make contributions towards ARCs and AVCs.
Please note that the Clwyd Pension Fund is not licensed to provide financial advice. However, we will ensure that you receive all the information you require in order to make an informed decision.
Information in this area
You have the choice to increase the value of your annual pension in multiples of £250 up to a maximum of £5,000 by paying additional contributions from your monthly salary.
If you choose to make an AVC arrangement, the contributions you make to it are invested separately in funds managed by our in-house AVC provider, Prudential.
Updated on: 14-Jul-2010 14:33:36
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