Skip to main content

Search Results

What is the levy and who pays it?

All eligible schemes pay the levy to help make sure their members are protected.

ABC Certificate form submission

Your application has been submitted.

Paying your levy

Find out more about your invoice or how to pay it.

How we calculate the levy

The levy is made up of the scheme-based levy and the risk-based levy. Here we explain how we calculate each component.

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. 

Insolvency risk scores

Use our portal to check the insolvency risk scores used to calculate your levy invoice.

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. 

Understanding your invoice

Find out how we get information about your scheme and download our levy guide to help you understand your invoice.

Is your scheme eligible?

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