About the fund
You can contribute 15% of your gross salary (100% if you joined on or after 1st April 2007) towards your railway pension provision in any one tax year. These contributions are tax-free. Your personnel office collects contributions for the fund and any additional voluntary contributions (AVCs) through your payroll before you are taxed. This way you get the tax relief immediately.
To find out more about AVCs see Quick Links - AVCs.