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 ?
Comparing SVM with Bayes, ELM, RF, and RBF neural networks, the results show that SVM is the best prediction method when using feature selection of AVC.
Additionally, AVC has added summer workshops for middle and high school students that feature several STEM fields, including forensic science, electrical engineering and robotics--some in partnership with a local charter school.
This has impacted the AVC Business's trading performance significantly, since AVC Media's last audited accounts for the year ended 31 March 2015, which showed revenue of GBP 5.9m, profit before tax of GBP 0.09m and net assets of GBP 0.08m.
One patient with a retrohepatic AVC injury also had an injury to the common bile duct.
No periodo investigado, dos 25 individuos que evoluiram com AVC, 96% (n=24) (95% [IC]: 79,699,9) apresentaram disfagia orofaringea e 4% (n=1) nao apresentou.
All 12 procedures were successful, 10 following a single puncture attempt and 2 requiring some minor needle reposition adjustments to reach the lumen of the AVC. Postoperative enhanced CT identified a small pneumothorax in each of two animals (one being a hemopneumothorax).
Pradeep Kashyap, Founder of MART who was on the jury panel for the AVC adds, "It was an interesting learning experience.
'The investment fair is part of the strategic development process of AVC-PMO that will result in the identification of priority development areas of AVC and Tulunan,' Mallorca told reporters here in an interview Tuesday.
He was on the books at Peterhead FC when, in 2000, he joined AVC as a senior sports production technician.
AVC contributed (USD 2,321) towards the net loss for the quarter ended March 31, 2019.
Travailler plus de dix heures par jour de facon prolongee, au moins cinquante jours par an, est associe a un risque d'AVC superieur a celui encouru en travaillant moins, selon une etude.