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Maximum AVC payment

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
NWpostie
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Joined: 04 Aug 2007, 17:32
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Maximum AVC payment

Post by NWpostie »

What's the maximum amount allowed per year into your AVC before you drop out PSE ?
Six of Nine loves Seven of Nine, together in Electric Dreams.
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heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Maximum AVC payment

Post by heapsy »

NWpostie wrote:What's the maximum amount allowed per year into your AVC before you drop out PSE ?
Basic pay, minus your AVC contributions. Divide that by your contracted hours. I the figure is below the minimum wage, £7.89 ph I think, then you drop out of PSE. DO NOT, include any allowances, they don't count.
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