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Specific Levy Year Information
2010-11
| Overall Levy Estimate |
£720m |
|
| Levy Scaling Factor |
1.64 |
|
| Scheme-based levy multiplier |
0.000145 |
|
| Underfunding Risk Measurement Date |
31 March 2009 |
|
| Insolvency Risk Measurement Date |
31 March 2009 |
|
| Risk-based Levy cap |
0.5% of liabilities |
|
| Insolvency Risk Cap |
3% |
|
| Underfunding Risk Calculation |
|
|
|
Below 120% funding |
U = (1.21 x liabilities - assets) |
|
|
|
|
| Above 120% funding |
funding percentage: U as a % of liabilities: |
|
|
120 ≤ f < 125 1 |
|
|
125 ≤ f < 130 0.75 |
|
|
130 ≤ f < 135 0.5 |
|
|
135 ≤ f < 140 0.25 |
|
|
f ≥ 140 0 (zero risk-based levy) |
|
|
|
|
2009-10
| Overall Levy Estimate |
£700m |
|
| Levy Scaling Factor |
2.22 |
|
| Scheme-based levy multiplier |
0.000162 |
|
| Data Deadline |
31 March 2008 |
|
| Underfunding Risk Measurement Date |
31 March 2008 |
|
| Insolvency Risk Measurement Date |
31 March 2008 |
|
| Risk-based Levy cap |
1% of liabilities |
|
| Insolvency Risk Cap |
15% |
|
| Underfunding Risk Calculation |
|
|
|
Below 120% funding |
U = (1.21 x liabilities - assets) |
|
|
|
|
| Above 120% funding |
funding percentage: U as a % of liabilities: |
|
|
120 ≤ f < 125 1 |
|
|
125 ≤ f < 130 0.75 |
|
|
130 ≤ f < 135 0.5 |
|
|
135 ≤ f < 140 0.25 |
|
|
f ≥ 140 0 (zero risk-based levy) |
|
|
|
|
2008-09
| Overall Levy Estimate |
£675m |
|
| Levy Scaling Factor |
3.77 |
|
| Scheme-based levy multiplier |
0.000165 |
|
| Data Deadline |
31 March 2008 |
|
| Underfunding Risk Measurement Date |
31 October 2007 |
|
| Insolvency Risk Measurement Date |
31 March 2008 |
|
| Risk-based Levy cap |
1% of liabilities |
|
| Insolvency Risk Cap |
15% |
|
| Underfunding Risk Calculation |
|
|
|
Below 120% funding |
U = (1.21 x liabilities - assets) |
|
|
|
|
| Above 120% funding |
funding percentage: U as a % of liabilities: |
|
|
120 ≤ f < 125 1 |
|
|
125 ≤ f < 130 0.75 |
|
|
130 ≤ f < 135 0.5 |
|
|
135 ≤ f < 140 0.25 |
|
|
f ≥ 140 0 (zero risk-based levy) |
|
|
|
|
Pension Protection Fund © 2009