Additional Voluntary Contributions (AVCs)

Similar to RRSPs in many ways, funds in an AVC account are invested in the OMERS Fund (the Fund), a globally diverse portfolio of high-quality investments that is committed to meeting our obligations to plan members through predictable and stable long-term returns.

Contributions to an AVC account receive the same net investment returns as the Fund. AVCs returned 4.2% in 2022.

All members can transfer money from other registered retirement savings vehicles such as RRSPs to an AVC account during the annual AVC transfer-in window from January 1 to June 30 of each year, until the year they turn age 70. Active members can also contribute regularly, from as low as $40 per month, via pre-authorized debit or payroll deduction if your employer offers the AVC payroll deduction option. These contributions are credited with the Fund’s net rate of return for the calendar year, prorated to reflect when the deposit was made. This means that the rate of return that will be credited on your contributions is determined by the performance of the Fund over the course of the full year, not just from the point when your deposit was made. To learn more about how the net rate of return is applied to your account, check out our Rate of Return Examples.