Conceptually the Pension Protection Fund (PPF) is a panacea for protecting members of defined benefit pension schemes who previously would have lost their benefits when their employer went insolvent. However, a significant increase in the levies being charged to many solvent employers is hitting them hard. Many consider it unfair to place the pension burden of failed employers onto those already struggling with their own schemes.
This site provides employers and trustees with a guide to the workings of the PPF and the way levies are assessed. It also offers practical advice on how to manage your scheme’s PPF levy.
The site also allows you to share your views on the PPF and issues surrounding levies.
We will be opening up the survey once the Pension Protection Fund's (PPF) new methodology in calculating PPF levies for 2012/13 to 2014/15 has been seen working in practice. Please see here for results of our previous surveys.