A unique benefit which is a tax-efficient way to save for retirement alongside your main LGPS.
Here at Tayside Contracts, Local Government Pension Scheme (LGPS) members have access to our valuable Shared Cost Additional Voluntary Contribution (Shared Cost AVC) employee benefit.
Our Shared Cost AVC scheme offers you a cost-efficient way to invest in your financial future. It enables you to top up your pension pot so you can look forward to a happy, financially healthy retirement.*
You’ll make savings in Income Tax and National Insurance contributions on the money paid into your pot, making this a very valuable way to save for retirement, meaning you could potentially retire early or with more money.
You could even withdraw your Shared Cost AVC plan 100% tax free at retirement! †
Shared Cost AVC Registration
Multi Factor Authentication (MFA) on the My Money Matters platform will become mandatory on 1 May 2026.
MFA adds an extra layer of security to help protect your personal details. Tayside Contracts preferred method of MFA is the Microsoft Authenticator App, therefore, please download this App to register and continue using the My Money Matters platform.
Important: If MFA is not set up by 1 May 2026, you will not be able to access the My Money Matters platform. You’ll regain access as soon as MFA setup is completed.
To contact My Money Matters directly, please email support@my-money-matters.co.uk, call 01252 959 779 or visit the My Money Matters website to use the messaging service.
*A Pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rate and tax legislation.
†You can take all or part of your Shared Cost AVC plan as a tax free lump sum as long as you take it at the same time as your main scheme benefits, and it does not exceed 25% of the combined value of your plan and your main scheme benefits.
