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Where we are with the European Court of Justice ruling

Since our last update in December new court proceedings have started against us, seeking to challenge, among other things, our intended approach for calculating any increases due to our members as a result of the ruling.

Removing the compensation cap and paying arrears

In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination. They supported our approach to increasing payments to PPF and FAS members following the 2018 European Court of Justice judgment in the Hampshire case. We’ve been working on how to implement it.

We've confirmed a zero levy for 2026/27

Following our levy consultation, we’ve announced that we won’t charge conventional schemes a PPF levy next year (2026/27).

Changes to terminal ill health payments

Find out more about how the Pension Schemes Act 2026 has changed how terminal ill health payments work for Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS) members.  

Information on pre-97 indexation

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