AVC Account definition
AVC Account means the account established in the Fund for a Member who decides to contribute to the AVC Provision, into which such Member’s Additional Voluntary Contributions are made.
AVC Account means, in relation to a Member, that part of the Fund which the Trustees establish and maintain as the Member’s AVC Account in respect of the additional voluntary contributions paid or treated as paid by the Member to the Scheme under FS Rule 3.3 (Members’ additional voluntary contributions);
AVC Account means the interest of the Member in the Fund in respect of this Additional Voluntary Contributions, including the Investment Return thereon, plus the Member's Interest;
More Definitions of AVC Account
AVC Account means in relation to a Member, that notional part of the assets of the scheme that represents the aggregate of the net values of those Investment Accounts derived from his AVCs (if any) and the investment returns on such AVCs, as determined by the Trustees.
AVC Account means the account maintained by the Trustees in the name of a Contributing Member who has elected to pay Voluntary Contributions under Rule 27;