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Board members

Our Board helps hold us accountable and makes sure we meet our aims now and in the future. It also performs some functions given to it by law, such as setting a levy on pension schemes.

PPF publishes 20th edition of The Purple Book

The Pension Protection Fund (PPF) has today published The Purple Book 2025, the 20th edition of its comprehensive analysis of the UK’s defined benefit (DB) pension landscape. This year’s publication shows aggregate DB funding levels remain strong.

CV writing: top tips every job hunter should follow

In this blog, our Recruitment Partner, Gary Brignall, shares his tips for perfecting your CV when applying for a role at the PPF or elsewhere.

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It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage £32 billion of assets for our 292,000 members.

Useful terms and acronyms

CPI – Consumer Prices Index  The consumer price index (CPI) measures the average change in the price consumers pay for a basket of goods and services.

An explanation of pension valuations

Explanations of the main calculations we use for pension valuations, in line with sections of The Pensions Act 2004.

Member story: Brian Bower

Brian is a Woolworths pension scheme member who is protected by the PPF.

Guaranteed minimum pension (GMP)

Information and guidance on Guaranteed Minimum Pension and equalisation.

Late retirement factors for previous periods

If you need to access late retirement factors that were used in the past, simply follow the links to the appropriate tables, detailed below.

Step down factors for previous periods

If you need to access step down factors that were used in the past, simply follow the links to the appropriate tables, detailed below. Effective dates on or after 1 October 2020 and prior to 1 October 2021 For all determinations in respect of a step down pension with an effective date between 1 October 2020 and 30 September 2021, please use the following: