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PPF Board look to January for levy decision

Following positive engagement with stakeholders as part of their consultation on the 2025/26 levy rules the PPF will conclude its decision making in January.

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. 

What is the levy and who pays it?

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

Help shape our rules

We consult on proposed changes to the levy rules and use feedback to better inform our final decisions.

2024/25 levy year

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

2025/26 levy year

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

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.