A guide to Additional Voluntary Contributions
Your basic pension from the URCMPF is based upon your years of service and the stipend in payment at the date of your retirement or earlier departure from service. The separate Members’ Guide describes the scheme in more detail. You may wish to increase these benefits by making additional savings. This guide outlines the different ways in which you may do this and describes in more detail one of those options: making Additional Voluntary Contributions (AVCs) to the URCMPF.
Please note that this information aims only to provide a general outline of how the URCMPF AVC arrangement operates and the benefits provided; hence much detail is omitted. It is based upon the Rules of the Fund and the formal decisions of the Pension Trustee on the operation of the AVC arrangement. Should there be any apparent conflict between this document and the Trust Deed and Rules, a copy of which may be obtained from the Maintenance of the Ministry Office, the Trust Deed and Rules shall govern.