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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:

waiver-application-form

Levy payment plan request form

If you'd like to apply to pay your levy by instalments complete the form below within 28 days of receiving your invoice.

Information on pre-97 indexation

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

PPF confirms zero levy for 2026/27

The Pension Protection Fund (PPF) has today announced it will set a zero levy for next year (2026-27) for the c.5,000 conventional defined benefit (DB) schemes it protects. The decision marks the second consecutive year that conventional schemes will not be charged a PPF levy.  

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).

We’ve published our Diversity Pay Gap Report 2025

Today we’ve published our Diversity pay gap report 2025, outlining our gender, ethnicity, and disability and long-term health condition pay gaps.

PPF publishes its 2025 Diversity Pay Gap Report

The Pension Protection Fund (PPF) has today published its 2025 Diversity Pay Gap Report, outlining the latest data on gender, ethnicity and disability and long-term health condition (LTHC) pay gaps.

Thames Tideway: Transforming London's sewerage system

We’re a shareholder in Thames Tideway, investing approximately £125 million in the company responsible for constructing a new super sewer beneath London. We also provide debt financing to Thames Tideway.  

Historic ways to reduce the levy

Learn about measures you could have previously taken to reduce your levy bill.