The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2018 (revoked)
This Order specifies the earnings percentage used to calculate the levy ceiling (article 2), the amount of the levy ceiling (article 3) and the standard amount of the compensation cap (article 4) for use in relation to the Pension Protection Fund in the financial year beginning on 1st April 2018.
Lifecycle
Department
Made
15 Jan 2018
—
Comes into force
TBC
Enabling power
On a review under section 148(2) of the Social Security Administration Act 1992, the Secretary of State concluded that the general level of earnings obtaining in Great Britain exceeds by 1.3% the general level at the end of the period taken into account for the last such review under that section.
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