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How we set the levy rules

The framework for the levy rules is set out in legislation (Pensions Act 2004). We review and consult on how we apply these rules each year. 

Is your scheme eligible?

Almost all defined benefit occupational pension schemes, and schemes that have defined benefit elements, are eligible.

How to provide scheme data

Most of the information we use comes from your s179 valuation information and annual scheme return.

Help shape our rules

We consult on proposed changes to the levy rules and use feedback to better inform our final decisions.

Get levy help and support

Find out where to get help with any levy queries. 

Home

It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage £32 billion of assets for our 292,000 members.

Valuation guidance

All the guidance you need to complete a valuation in line with sections 143, 152, 156, 158 and 179 of the Pensions Act 2004.

Factors

Useful information about our factors for pension professionals.

Publications

Our reports, strategies and other key publications.

Leadership and governance

Our Board helps hold us accountable and makes sure we meet our aims now and in the future. Our Executive Committee are responsible for the day-to-day running of the organisation.