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Here you can find documents relating to the levy, stretching back to 2005. This includes consultations and determination documents.
Consultation Documents2011/12 Pension Protection Levy Consultation Policy Statement: Insolvency RiskThe 2011/12 Pension Protection Levy Consultation - Insolvency Risk
Consultation Documents2010/11 Pension Protection Levy Consultation Policy StatementThe 2010/11 Pension Protection Levy ConsultationResponses to the Consultation on the Future Development of the Pension Protection Levy
Legal Documents,& MethodologiesDetermination under Section 175(5) of the Pensions Act 2004 in respect of the financial year 1 April 2010 – 31 March 2011Transformation appendixMFR conversion appendixDRC appendixContingent asset appendixAPI appendixTransfers appendixForm of Type A contingent asset - group company guaranteeForm of Type B(i) contingent asset - security over cashForm of Type B(ii)EW contingent asset - security over real estate (England and Wales)Form of Type B(ii)S contingent asset - security over real estate (Scotland)Form of Type B(ii)NI contingent asset - security over real estate (Northern Ireland)Form of Type B(iii) contingent asset - security over securitiesForm of Type C(i) contingent asset - letter of credit/bank guarantee (evergreen)Form of Type C(ii) contingent asset - letter of credit/bank guarantee (reducing balance)
Guidance 2010/11 Levy Practice Guidance Contingent Asset Guidance - pub. Dec 2009
Consultation DocumentsConclusions on the 2009/10 Pension Protection Levy Consultation (November 2008)Consultation on the Future Development of the Pension Protection Levy (November 2008)Consultation on the Future Development of the Pension Protection Levy - Annexes (November 2008)The 2009/10 Pension Protection Levy Consultation (September 2008)
Legal Documents & MethodologiesDetermination under Section 175(5) of the Pensions Act 2004 in respect of the financial year 1 April 2009 – 31 March 2010Determination Appendix 1 - Formulae for transforming section 179 valuation results to a section 179 basis as at 31 March 2008Determination Appendix 2 - Valuation methodology where a section 179 valuation not filed by deadlineDetermination Appendix 2A - Methodology for schemes which received a transfer of total assets and liabilities of another scheme prior to 1 April 2009 but did not fornally notify the Board by relevant deadlinesDetermination Appendix 3 - PPF assumed probability of insolvency based on failure scores (UK employers) Determination Appendix 4 - Contingent assetsDetermination Annex A - Requirements in respect of Block Transfer CertificatesDetermination Annex B - Requirements in respect of Deficit-Reduction CertificatesDetermination Annex C - Requirements in respect of Contingent AssetsDetermination Annex G - Amendment and Replacement Conditions
Presentation SlidesSlides from the January 2009 Levy Seminars
Consultation DocumentsThe Response to the August 2007 Pension Protection Levy Consultation - November 2007 (this includes the Draft Determination for 2008-09)Consultation on the Future Development of the Pension Protection Levy - August 2007
Legal Documents & MethodologiesDetermination under Section 175(5) of the Pensions Act 2004 in respect of the financial year 1 April 2008 – 31 March 2009Determination Appendix 1 - Formulae for transforming section 179 valuation results to a section 179 basis as at 31 October 2007 for the purpose of calculating the pension protection levy in respect of the financial year 1 April 2008 – 31 March 2009Determination Appendix 2 - Methodology for adapting MFR valuations to estimate liabilities on a section 179 basis for the purpose of calculating the pension protection levy in respect of the financial year 1 April 2008 – 31 March 2009 where no section 179 valuation has been provided by the statutory deadlineDetermination Appendix 3 PPF assumed probability of insolvency based on risk band (UK employers)Determination Appendix 4 - Contingent assetsDetermination Appendix 5 - Calculation of the multiplier and the scaling factor
GuidanceA Guide to the Pension Protection Levy 2008/09FactsheetsThe Pension Protection Levy - Policy 2008-2009 to 2010-2011
Presentation SlidesSlides from the September 2007 Levy Seminars
Consultation DocumentsModelling Uncertainty - An Introduction to the PPF Long Term Risk Model - August 2007Summary of responses to the 2007/08 Levy Estimate Consultation Document and publication of the final 2007/08 Levy Determination - March 2007The 2007-08 Pension Protection Levy Estimate Consultation Document December 2006 The 2007-08 Pension Protection Levy Consultation Document - September 2006
Legal Documents & MethodologiesDetermination under section 175(5) of the Pensions Act 2004 in respect of the Financial year 2007/08Appendix 1 - Formulae for transforming section 179 valuation results to a section 179 basis as at the date required for the purpose of calculating the pension protection levy in respect of the financial year 1 April 2007 – 31 March 2008Appendix 2 - Methodology for adapting MFR valuations to estimate liabilities on a section 179 basis for the purpose of calculating the pension protection levy in respect of the financial year 1 April 2007 – 31 March 2008Appendix 3 - PPF assumed probability of insolvency based on risk band (UK employers)Appendix 4 - Contingent AssetsAppendix 5 - Calculation of the multiplier and the scaling factor
GuidanceA Guide to the Pension Protection Levy 2007/08
FactsheetsWorking out Long Term Risk to the PPFThe Pension Protection Levy 2007-08How to calculate a scheme's levy for the levy year 2007-08
Consultation documentsThe response to the Second Pension Protection Levy Consultation February 2006The Pension Protection Levy Consultation Document: December 2005The Pension Protection Levy Consultation Document - Update: October 2005The Pension Protection Levy Consultation Document: July 2005
Legal DocumentsDetermination under section 175(5) of the Pensions Act 2004 in respect of the financial year 2006-07Appendix 1 - Methodology for adapting MFR valuations to estimate liabilities on a section 179 basis as at 31st March 2006Appendix 2 - Formulae for rolling forward section 179 valuation results to 31 March 2006 Appendix 3 - PPF assumed probability of insolvency based on risk band (UK employers)Appendix 4 - Contingent Assets
GuidanceA Guide to the Pension Protection Levy 2006/07
Presentation Slides Presentation slides from the February 2006 risk based levy workshops
Factsheets The Pension Protection Levy - Facts and Figures 2006-07The Pension Protection Levy 2006-07How to Calculate a Scheme's Levy for the levy year 2006-07