Local Government Pension Scheme Additional Voluntary Contributions Overview
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Source ID: UK-ocds-b5fd17-d14ff209-d6b5-4c1e-b3ed-23804493a541
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As published by the source; may be updated by the buyer.
Scope overview
Members of the Local Government Pension Scheme can make Additional Voluntary Contributions to enhance their retirement savings. These contributions qualify for Income Tax relief and accumulate as a tax-free capital sum. Upon retirement, members have various options for accessing these benefits, typically including a lump sum payment.
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