Glossary correction
Report an issue with this entry
Flag information that is incorrect, outdated, or inappropriate. Reports are private and reviewed before the glossary changes.
Entry being reported
- Short form
- AVC
- Expansion
- Annual Variable Component
- Category
- Finance and Economy
- Description
- A variable civil-service payment calibrated to economic and labour-market conditions, with mid-year and year-end amounts announced separately.
Do not include classified, sensitive, or personal information.