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More Hampshire decisions confirmed

In our recent update about progress on uncapping PPF compensation, we still had to finalise whether to put a six-year time limit on arrears payments due to PPF and FAS pensioners. This followed the Court of Appeal’s judgments on the methodology for implementing the ECJ’s Hampshire decision and the PPF compensation cap. The Department for Work and Pensions (DWP) and our Board have now finalised those decisions.

How members can manage their benefits online

Our member website puts you in the driving seat. It gives you the freedom to access and manage information about your benefits and make informed decisions, at a time that best suits you.

Next phase begins after ECJ ruling in Hampshire

We’ve previously announced that we’d started making increased payments to all pensioners who were most affected by the Court of Justice of the European Union’s (ECJ or CJEU) ruling, because they were subject to the PPF compensation cap (either the standard cap, or the long service cap), which on its own had reduced their benefits to less than 50% of those they had accrued.

Introducing our member Benefit Modeller

Are you a member who is not receiving compensation yet? Try our Benefit Modeller.

Mansion House Reforms: our response to the call for evidence on DB schemes

Today we’ve published our response to the Department for Work and Pensions call for evidence on Options for Defined Benefit Schemes.

Levy rules for 2024/25 year published

Today we’ve published our policy statement with the formal levy rules. 

Our response to the Autumn Statement

We welcome the government’s commitment to establishing a public sector consolidator and their recognition that we'd be well placed to take on this additional and separate role.

Freedom of information

The Freedom of Information Act 2000 (FOIA) gives you the right to request information from any public authority.

Will my payments increase?

Compensation cap factors valid for previous periods

Paragraphs 26 and 27 of Schedule 7 of the Pensions Act 2004 set out the circumstances in which the compensation cap applies and how and when it should be increased. In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination, so we’re no longer applying it and we’re removing it from affected PPF pensioners.  The information below is provided for advisers who still need to refer to previous calculation tables and factors.