(This archived guidance relates to HMRC discretionary
practice before the 6th April 2006. For current guidance on
Registered Pension Schemes see the Registered Pension Schemes
Manual)
[Pn4.1]
Many members also make additional voluntary contributions
(AVCs) to augment their prospective benefits. Under the Social
Security Act 1986, occupational pension schemes must, subject to
certain exceptions and within the requirements for Revenue
approval, permit members to pay AVCs.
Subject to normal requirements (set out in this Part)
relating to the duration of member contributions to the scheme, a
member remaining in employment may continue to pay AVC
contributions up to the usual 15% limit even after choosing to take
AVC benefits early i.e. before employer funded benefits - see
PSI25.3.4.
