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Making additional payments

Deficit reduction contributions are payments to the scheme that are additional to the regular ongoing funding contributions.  

These payments may reduce your risk-based levy, providing you have certified them correctly.

If you’ve made additional payments into your pension scheme and would like us to reflect this in your levy invoice, find out how to certify your deficit reduction contributions here.

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"Ways to reduce the levy"

What are contingent assets?

Contingent assets are arrangements that can be put in place to support the level of scheme funding, particularly in the event of employer insolvency.

How to certify contingent assets

You'll need to certify your contingent assets on The Pension Regulator's exchange system by midnight on 31 March.

How to certify deficit reduction contributions

Deficit reduction contributions must have been made by 31 March. and then certified on the Pension Regulator's Exchange system by the end of April. 

Self-certifying deficit reduction contributions

Deficit reduction contributions must have been made by 31 March and then certified on The Pension Regulator's Exchange system by the end of April.