Awarded
Cost Additional Voluntary Contributions (SCAVC) Scheme
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Descriptions
LGPS members are currently permitted to contribute to a standard AVC scheme and receive Income Tax relief on their contributions.
AVCs are a long-term pension savings plan that runs alongside the main LGPS scheme and allows members to build up a 100% tax free capital sum.
On retirement, they can access the benefits through a range of options including the ability to receive the lump sum in most cases.
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Keywords
aid delivery
pension planning
pension advisory
retirement fund services
pension administration
pension scheme services
pension fund services
benefit coordination
pension system operation
pension portfolio
pension scheme operation
pension asset allocation
pension fund investing
entitlement funding
retirement savings investment
social assistance operations
program disbursement systems
retirement investment solutions
financial support processing
pension disbursement services
welfare claim administration
claim processing frameworks
retirement planning investments
regulated compensation services
employee pension services
retirement benefit management
statutory benefit distribution
retirement fund management
pension capital management
retirement fund administration
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