When your employer becomes insolvent, and your defined benefit pension scheme transfers into the PPF, you become a PPF member.
As a member of the PPF, you’ll receive pension payments from us rather than a pension from your former scheme.
We often call your payments 'compensation' as we’re paying you compensation for the pension that you’ve lost. The level of compensation you’ll receive and whether you’ll receive an increase in your compensation over time is dependent on a number of factors, including whether you passed your normal pension age when you retired and in which year you retired.
- update your personal details and upload any supporting documents securely, instead of putting them in the post
- contact us out of hours using our secure messaging service
- let us know if you need any special assistance
- nominate an eligible beneficiary to receive payments from us after you die
- retire online or download retirement forms (if you are within three months of your retirement date)
