If you leave before retirement, your contributions will cease when you leave. The value of your AVC fund will continue to be invested until it is paid out. Your AVC plan is similar to your main Local Government Pension Scheme (LGPS) benefits. It can be:
- transferred to another pension arrangement, or
- taken at the same time as your LGPS benefits.
Payments into in house AVCs will stop when you leave or retire.
If you are paying AVCs and change your job to an employer that still offers membership to the LGPS in Kent, your AVC contract may not automatically transfer. Your contract may stop. You should check your payslip. If it stops, you should contact your AVC provider to start a new contract.