Additional Voluntary Contribution

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Additional Voluntary Contribution

Also called an AVC. In the United Kingdom, a contribution to a pension over and above what one is required to contribute. For example, one may have a pension structured such that one makes a 100-pound contribution each month automatically. If one makes a supplementary 50-pound contribution, this is called an AVC. This may increase the benefits the pension pays after retirement. Employers sometimes match additional voluntary contributions.

Additional Voluntary Contribution (AVC)

an additional payment to a PENSION scheme, to supplement contributions to an occupational pension scheme.
References in periodicals archive ?
II Notre Dame De Namur of Belmont (near San Francisco), and outfielder/first baseman Breanna Morales comes to AVC from Santa Monica College, where she played volleyball.
Telcos and IPTV service operators often prefer a multi-channel encoding chassis, and also require MPEG-2 to MPEG-4 AVC transcoding functionality as most of the content they source has already been compressed in MPEG-2.
The company's flexible IP multiplexing technology and its next generation MPEG-4 AVC encoders will enable us to build a DTT network with a flexible digital television infrastructure that can support the introduction of increased channels and new video services," says Torkel Aamodt Thoresen, Technical Product Manager at Telenor Satellite Broadcasting.
The Nero Digital AVC High Profile Certification kit is a powerful tool for CE manufacturers, as it supports both interlaced and progressive formats for SD and HD video on red and blue laser systems," said Tim Windsor, General Manager, Consumer Electronics, Nero AG.
Cwayna said it's too soon to tell whether AVC can contend with perennial Foothill Conference powers San Bernardino Valley and Victor Valley.
AVC (4-3) won its second consecutive 3-0 match Friday, beating East L.
30 /PRNewswire/ -- America's Vacation Center (AVC), one of the leading host agencies in the nation, today announced the launch of My AVC Mentor(TM), a program designed to enrich agents' personal businesses through mentoring and coaching from other qualified, experienced, and successful AVC affiliates.
All things considered, the results could have been worse for AVC (3-8-4, 0-1-2), which settled for a 1-1 tie.
For more information about MPEG LA's AVC License or to request a copy of the License, please visit http://www.
13 /PRNewswire/ -- America's Vacation Center (AVC), one of the leading host travel agencies in North America and beyond, today announced the extraordinary success of its AVC Regional Chapters.
And although advancing to the state playoffs in its most successful season in school history as it did last season was nice, that in itself might not have been enough to sell ambitious young area athletes on AVC.
As part of the solution, TANDBERG Television will provide its sophisticated MPEG-4 AVC compression system using TANDBERG EN5930 encoders to IPTV Americas' head-end, enabling telcos to deliver more high-quality content to subscribers.