Overview of Additional Pensions

Additional pension contributions allow members of pension schemes to pay extra contributions to build up additional benefits; this can be by a percentage of salary contribution, a flat amount, or a lump sum.

The type of contribution is by an agreement between the employer and the employee, subject to their regulations. These are the additional voluntary contributions supported in the application with the associated rules:

  • Added Years
  • Additional Pension Contributions (APC)
  • Additional Regular Contributions (ARC)
  • Additional Survivor Benefits Contributions (ASBC)
  • Additional Voluntary Contributions (AVC)
  • Preston Part-time Buy-Back Contributions
  • Stakeholder Pension