Search results

Compensation cap factors valid for previous periods

Paragraphs 26 and 27 of Schedule 7 of the Pensions Act 2004 set out the circumstances in which the compensation cap applies and how and when it should be increased. In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination, so we’re no longer applying it and we’re removing it from affected PPF pensioners.  The information below is provided for advisers who still need to refer to previous calculation tables and factors.

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.

We’ve published our sustainability strategy

Our sustainability strategy, that sets out how we aim to achieve our ambition for catalysing the growth of a sustainable pensions industry, has just been published.

How to check if messages are from us and stay safe from scams

Throughout the year, we send emails and letters to our members. If you’re worried that an email or letter is a scam, call us on 0330 123 2222. We’re happy to check whether it’s from us. We’ve shared some advice on how to spot fake messages and protect yourself from potential scams.   

Accessibility statement for the PPF

For many people, their first contact with us will be via this website. By using the World Wide Web Consortium (W3C) accessibility guidelines, we�re trying to make our website as open and accessible as possible. This accessibility statement applies to the PPF. This website is run by the PPF. We want as many people as possible to be able to use this website. That means you should be able to:

Information on pre-97 indexation

On this page, you'll find information and answers to the most frequently asked questions on pre-97 indexation. 

Cookies on this website

What are cookies? Cookies are files saved on your phone, tablet or computer when you visit a website.�They store information about how you use our website, such as the pages you visit. The main reason we use cookies is to:

Sustainability strategy

Our sustainability strategy sets out how we aim to achieve our ambition for catalysing the growth of a sustainable pensions industry.

Matt Gurden to join the PPF as Chief Actuary

The Pension Protection Fund (PPF) has announced that Matt Gurden will join the organisation as Chief Actuary early in 2027.

PPF will not impose a levy on schemes for 2027/28

The Pension Protection Fund (PPF) has today announced that it will not charge a levy for conventional defined benefit (DB) schemes in 2027/28 and will pause the Alternative Covenant Scheme (ACS) levy for one year.