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How your levy has been calculated for 2018/19 and what’s changed

The levy scaling factor (LSF) has been reduced to 0.48 The scheme based levy remains at 0.000021 x unstressed liabilities The risk based levy cap has been reduced to 0.5% (0.005000) x unstressed liabilities

Levy rules for 2018/19

The following rules and guidance set out how we calculated the levy for the 2018/19 levy year. These were published following a consultation. The following rules and guidance�provide a detailed explanation of how we calculate the levy. The appendices and guidance documents include steps that schemes can take to ensure they receive credit for positive actions, such as certifying contingent assets or deficit reduction contributions.

2022/23 limit

PPF Confirms Levy Determination for 2018/19

PPF confirms Levy Estimate at £550 million for 2018/19

PPF Confirms Levy Determination for 2017/18

 Levy rules for 2017/18 to remain largely unchanged for third year of the triennium

Annual Report 2024/25

Our Annual Report looks back at our achievements and challenges over the last financial year, outlining our financial performance and describing our progress against our strategic objectives..

Sustainability strategy

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

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:

Join our member website

Safe, simple and secure  Our member website is secure and easy to use. It gives you the freedom to access and manage information about your PPF benefits, and make informed decisions, quickly and simply.

SME Forum

In December 2018, we announced our intention to set up a small and medium sized employers (SME) Forum.