Schemes have been receiving their 2009/10 pension protection levy invoices from 16 October 2009 onwards.

 Your Levy Invoice Explained

Included with your invoice will be detailed supporting information to help you understand how the risk-based and scheme-based levies making up your invoice have been calculated.

You will also receive the accompanying booklet A Guide to the Pension Protection Levy 2009/10, which includes background information about the 2009/10 levy as well as general information about how to pay or query your invoice.

Here are five example invoices for illustrative purposes:

Example Invoice 1
Example Invoice 2
Example Invoice 3
Example Invoice 4
Example Invoice 5

Paying your invoice

Schemes are strongly encouraged to pay their invoice electronically into the Pension Protection Fund’s bank account, quoting their scheme name and invoice number, using BACS, CHAPS or internet banking.

This is the simplest, most secure and most effective method, helping to reduce administration costs. Full payment instructions are provided on the invoice and in the guide booklet.

If you have questions

If you have any questions about your invoice, you should first look at the accompanying guide booklet and the 2009/10 invoicing FAQs on this website. If you still have questions, then you should contact our Stakeholder Support Team and/or D&B’s Customer Services Team, as appropriate, within 28 days of the date of your invoice. The last date on which you can raise a query is shown on the front of the invoice.

Information on waivers is available in the FAQs.

FAQs for invoicing the 2008/09 levy, and the 2007/08 levy remain available to view on this site.