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How the levy is calculated

Total Levies required from all schemes

Each year the PPF determines how much money it needs.  The total levies which the PPF have said they require each year have been as follows:





The PPF has stated that its initial levy requirement for the first year of operation turned out to be a significant underestimate. In addition, as a result of schemes taking action to improve their funding position, the total amount of PPF levies actually collected has been significantly less than their target each year.

For information on the Levy payable by each Scheme click here.