Enables you to view details of AVC statement contributions, which are periodically issued to members contributing to an AVC scheme.

A summary of the latest statement details from that window are displayed in this field. The amount of contributions (including interest) and the statement date are shown.

Some AVC scheme providers may have the facility to supply this information on magnetic tape. It is then downloaded into the Pensions module through an interface facility. In these cases, the AVC Statement History window is completed automatically and you would only use it to make changes if these are needed.

General

Statement Date

Enter the date when the contributions statement was issued.

Contributions

Enter the monetary value of contributions that have been made to the AVC scheme up to the statement date.

Interest

Enter any interest that may be due on the contributions that have been deducted.

Contributions + Interest

The total amount of contributions and interest is automatically calculated from the previous two entries and displayed in this column.

MD612G3