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Have your say on our 2025/26 levy rules

Our levy consultation, which proposes changes to our levy rules for 2025/26, is now open to receive submissions. 

PPF proposes £100m as levy estimate for 2025/26

The Pension Protection Fund (PPF) has proposed a £100m levy estimate for 2025/26, the same as 2024/25, equalling the lowest levy ever set.

2025/26 levy year

Invoices for this levy year will be issued in autumn 2025.

What it means to be a member of the PPF

Everything you need to know about being a member of the Pension Protection Fund.

Worried about your pension?

Find out how we protect members of defined benefit pension schemes and where you can get more information if you have any concerns. 

Strategy and business plan

Our strategy 2025-28 sets out our long-term vision for the next three years. 

Purple Book

Every year we publish the Purple Book, also known as the pensions universe risk profile. This is the most comprehensive data and analysis of the UK defined benefit pension landscape.

Publications

Our reports, strategies and other key publications.

Applying for a levy waiver

In limited circumstances, the Board can waive the levy. Find out more about levy waivers and how to apply for one here.

Waiver application form submission

Your application has been submitted. We will contact you within 28 working days with a decision or if we need anything further.