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)