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Outcome of the 2021/22 levy consultation

Our consultation setting out our plans for the 2021/22 levy rules closed on 24 November. We’re confirming key decisions before we publish the formal levy rules in January.

Have your say on our 2021/22 levy rules

Respond to our online consultation on the changes to our levy rules in 2021/22.

Levy rules for 2021/22 published

We’ve now published the final levy rules for 2021/22, alongside our policy statement summarising the responses we received during consultation, and our conclusions.

Levy rules for 2022/23 published

Our consultation setting out our plans for the 2022/23 levy rules closed on 9 November. We’ve published our policy statement with the formal levy rules, and updated the levy estimate.

Scheme trustees

We work with scheme trustees and their advisors when a sponsoring employer is in financial distress or facing a major change or ‘event’ – such as a restructuring arrangement or potential insolvency – which might trigger the entry of an eligible scheme into PPF assessment. 

Introduction to the levy

Similar to an insurance premium, the amount of levy each scheme pays is primarily based on the risk of its sponsoring employer becoming insolvent. A small portion of the levy we collect is based on the size of the scheme. 

2023/24 levy year

Invoices for this levy year will be issued in autumn 2023. Find out more information about our evolving policy here.

2024/25 levy year

Invoices for this levy year will be issued in autumn 2024.

Useful terms and acronyms

CPI – Consumer Prices Index  The consumer price index (CPI) measures the average change in the price consumers pay for a basket of goods and services.

Frequently asked questions

Answers to frequently asked questions about who we are, how we're funded and what we do.