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Paying more

You can pay in more – known as Additional Voluntary Contributions (AVCs) – to buy more benefits when you retire.

There are two different types of AVCs:

Money Purchase AVCs (MPAVCs)

Added Years

The AVC Guide explains all you need to know about the different types and about paying more. There are some risks with AVCs so please read the guide carefully before you make a decision.

There are some limits to how much you can pay into your pension every year. See the Tax allowances section to find out more.

The process

Want an added years quote?+

  1. 1.

    Call or email Mercer and give them your details.

  2. 2.

    They’ll send you relevant forms to complete.

  3. 3.

    Send in the forms.

  4. 4.

    You’ll receive your quote.

Want to go ahead and pay more?+

  1. 1.

    Tell Mercer.

  2. 2.

    The team provides the details to HR.

  3. 3.

    Deductions from your monthly salary start.

Switching your investment funds

If you’re already making AVCs and want to switch your investment fund options, you need to complete and return the switch form.

MPAVC unit prices

If you want information on unit process at any time, please contact Mercer.


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