Query about paying AVC lump sum after leaving PS

poorrelative

Registered User
Messages
64
Theoretical scenario......if I left the PS in May 2024 and I wish to pay a lump sum into AVC for 2024 then presumably this can only be done whilst I am still a member of the PS? That is I wouldn't have up to OCT 2025 to pay into AVC? Also, presumably the max I could contribute for 2024 would be 35% (over 55) of my PS salary for the first 4-5 months of 2024?
 
Yes- you can only contribute AVCs whilst still employed in the PS.
Yes- your max contribution (inclusive of any “ordinary contribution “) is a % of earnings from that employment.
 
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