Press releases

PPF extends 90-day levy payment window for schemes impacted by COVID-19

The Pension Protection Fund (PPF) has today confirmed it will continue to support levy payers impacted by COVID-19 by offering up to 90 days interest free to pay their 2021/22 levy bill

PPF confirms supportive measures for levy payers following consultation

The announcement precedes the formal publication of the 2021/22 levy rules in January 2021

PPF consultation on levy rules for 2021/22 steers a steady course in difficult environment

The PPF’s strong funding position means no need to act to raise the levy now

PPF supports struggling levy payers with payment extension

The Pension Protection Fund (PPF) has announced that it will give levy payers struggling as a result of the coronavirus pandemic up to 90 days interest free to pay their 2020/21 levy bill. 

PPF 1000th scheme

Carillion Rail (GTRM) Pension Scheme becomes 1000th scheme to transfer to the PPF

Pension Protection Fund confirms levy rules for 2020/21

The PPF confirms levy rules for 2020/21 remain stable and broadly unchanged from previous levy year

PPF publishes strategy for next three years

The Strategic Plan outlines how the PPF will continue to protect its members amid a volatile market whilst setting new standards

PPF confirms levy determination for 2019/20

Following the consultation launched in September, the Pension Protection Fund (PPF) has today published its final levy rules for the 2019/20 levy year.

Pension Protection Fund announces levy estimate for 2019/20

Levy estimate for 2019/20 will be £500 million, down from £550 million in 2018/19

PPF Confirms Levy Determination for 2018/19

PPF confirms Levy Estimate at £550 million for 2018/19

Pension Protection Fund launches Consultation on Contingent Assets in the PPF Levy

The Pension Protection Fund (PPF) has today (Thursday) opened a short consultation relating to contingent assets in the PPF levy. This will be of particular interest to schemes and employers that are considering putting a contingent asset in place, those who currently have one in place, and those who advise on them.

Pension Protection Fund Levy Estimate 2018/19

Levy estimate for 2018/19 will be £550 million, 10 per cent lower than 2017/18 (£615 million)