Re: Using overpaid-AVCs to top up discretionary increases

Posted by Alan Palmer on 30 June 2001 at 15:49:14:

In Reply to: Using overpaid-AVCs to top up discretionary increases posted by John Bland on 22 June 2001 at 08:37:56:

MIL 582 of 6 May 83 has an example which says that extra increases will be paid when the AVC is originally over the limit.
That is admittedly a very old document but I understand it still applies.
Also our yerly pension statements used to (I left in 94) show how far over the limit one might be.
Sorry I know no more.