AVC Life Assurance Plan for CPSU members

At Lyons Financial Services, we can help you reduce the financial burden on your family in the event of your untimely death, while also reducing your tax bill.

The AVC Life Assurance Plan is a joint Scheme for members of both CPSU and PSEU. This Scheme provides a death in service benefit to Union members at a significantly reduced cost. As the Scheme is attached to the AVC Plan, members receive tax relief on the premiums paid. A salary deduction facility is available and as a result, tax relief can be availed of through payroll.

The current Structure of the Scheme is;

Scheme Benefits & Costs

Death Benefit Gross Cost p.w. Net Cost p.w.
Option A €70,000 €2.70 €1.59*
Option B €102,500 €3.80 €2.24*
Option C €130,000 €4.95 €2.92*

*assumes tax relief at 41%

To apply for the AVC Life Assurance Plan, please download & complete the application form.

To find out more about the Plan please contact us.


What Our Clients Say

Just want to say thank you for all your help and advice and for being so patient with us. We are so delighted with our new home. We couldn’t have done it without you. Thank you and God bless.

Mae & Ramir

Many thanks for all your assistance in dealing with my claim under the Income Protection Scheme for period Jan 16 to Nov 16. For your efficiency and keeping in touch with me throughout and for all your work with the insurance company.

Rosaleen, Co. Laois

Many thanks for all your help and assistance in switching our health insurance. We were anxious about switching but you made the whole thing so easy and saved us a fortune as well. We can now afford a family holiday as a result.

Eamonn and Jackie, Co Galway

Lyons Financial Services arranged our Mortgage, Income Protection and Health Insurance and saved us so much time and money. They are so nice and efficient; we will always deal with them in the future.

Angela & Peter, Tuam, Co. Galway

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