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PPF focuses on building the diversity of its leadership pipeline as it publishes seventh Diversity Pay Gap Report

The Pension Protection Fund  has today released its seventh Diversity Pay Gap report, restating its commitment to creating an inclusive workplace and continuing to make significant improvements to the diversity of its senior management. 

Efforts to increase representation and diversity sees drop in PPF’s ethnicity pay gap

The Pension Protection Fund (PPF) has today announced in its Diversity Pay Gap report 2021 that efforts to increase ethnic minority representation across the business have resulted in a positive drop in their ethnicity pay gap.

2023/24 levy year

Invoices for this levy year will be issued in autumn 2023. Find out more information about our evolving policy here.

2024/25 levy year

Invoices for this levy year will be issued in autumn 2024.

2025/26 levy year

We’re not charging a conventional PPF levy for this year. Find out more about our evolving policy here.  

Late retirement factors for previous periods

If you need to access late retirement factors that were used in the past, simply follow the links to the appropriate tables, detailed below.

Step down factors for previous periods

If you need to access step down factors that were used in the past, simply follow the links to the appropriate tables, detailed below. Effective dates on or after 1 October 2020 and prior to 1 October 2021 For all determinations in respect of a step down pension with an effective date between 1 October 2020 and 30 September 2021, please use the following:

Commutation factors for previous periods

The circumstances in which commutation is possible are set out in Regulation 19 of the Pension Protection Fund (Compensation) Regulations 2005 and Regulation 21 sets out how this option may be exercised.

Early retirement factors for previous periods

In all cases, the early retirement factor is applied to the compensation before the compensation cap is applied. Simply follow the links to the tables of early retirement factors detailed below:

Understanding your invoice

Find out how we get information about your scheme and download our levy guide to help you understand your invoice.