INTO Teachers’ AVC Plan – annual trustee report available

The INTO has recently received from Irish Life (as plan Trustees) the Trustees’ Annual Report and Financial Statements (for year ended 31 March 2020) of the INTO AVC plan. This will be of interest to those members who hold additional voluntary contributions (AVCs) under the scheme.

Some key statistics of the plan include:

  • There are over 16,400 teachers who hold AVCs under the plan.
  • Net assets at 31 March 2020 stood at over €432 million.
  • The Annual Report includes sections such as general plan information, an investment report, a report of the independent auditor and the fund account.

A copy of the Trustees’ Report is available on request from Georgina Glackin, please email gglackin@into.ie