Search results | Pension Protection Fund

How to pay your levy

You have 28 days to pay the levy after receiving your invoice. Find out how to pay the levy.

S120 Account Registration Form

You need to log in or register for our online service to submit your s120 notice - create your account here.

Reflecting on Race Equality Week

At the PPF, it’s everyone’s responsibility to build an inclusive culture, tackle racial inequality and work towards our goal of increasing ethnic minority representation.

Technical guidance for previous periods

Here you'll find all the necessary valuation guidance and factors that were valid for previous periods. Please use the links below: Valuation guidance valid for previous periods

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.

Scheme trustees

We work with scheme trustees and their advisors when a sponsoring employer is in financial distress or facing a major change or ‘event’ – such as a restructuring arrangement or potential insolvency – which might trigger the entry of an eligible scheme into PPF assessment.

Restructuring professionals and insolvency practitioners

Find out more about contingency planning, restructuring proposals and submit S120 and S122 notifications.

The role of trustees during assessment

The role and responsibilities of panel trustees include:

Practical tips to help trustees manage risk

Running a pension scheme can be complex and challenging. This is particularly true where the employer is in difficulty. It's important that as a trustee, you understand the sorts of challenges you’ll face when there’s an increased risk of your employer going bust. So we've published a new guide, Contingency planning for employer insolvency, to help you.