If I make
additional voluntary contributions, I would get PS158.
Alternatively, you could achieve the same result by paying
additional voluntary contributions (AVCs) into your occupational scheme.
The study suggests specialized fund managing institutions would run the proposed fund, which will employees' monthly deductions and the
additional voluntary contributions, "to invest it in an optimal way that ensures good financial returns for the employees."
His tax-free lump sum due of around PS160,000 is in addition to this, while the saver has also been paying
additional voluntary contributions now worth PS100,000.
The study also showed 97 percent make mandatory contributions, while 64 percent make
additional voluntary contributions. Manulife Philippines chief investment officer Aira Gaspar urged Filipinos to make regular contributions to a diverse portfolio of investments.
The four bookmakers will underwrite a combined contribution payable through the statutory Levy of not less than PS47.5m per year, as well as the
additional voluntary contributions. With the announcement of the 53rd Levy Scheme also arriving, total income to the Levy Board from bookmakers in 2014-15 is estimated to reach PS80.2m, including Betfair's PS7.8m contribution.
A provisional budget of $23.9 million was agreed for 2011, with a core budget of $13.3 million funded by voluntary contributors and the remainder made up by
additional voluntary contributions from the UAE, Germany and Austria.
I also paid
Additional Voluntary Contributions into an Abbey National pension plan.
BBC, found that the fall occurred across a range of plans, including private pension and company direct contribution schemes, as well as
additional voluntary contributions made to final salary pots.
These extra payments are known as
Additional Voluntary Contributions (AVCs).
Ask if your employer provides In-house
Additional Voluntary Contributions (AVCs).
