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Document What are Money Purchase AVCs?

A Money Purchase AVC (MP AVC) is an arrangement for making additional contributions to build up a separate retirement fund. The contributions are invested and then used to buy an extra pension either at retirement, or later. A MP AVC will not increase the benefits paid from the main NHS Pension Scheme.If you have any questions about payment then you need to contact the MP AVC provider.
More information on Money Purchase Benefits can be found on the NHS Pensions website.
money purchase avc, avc

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