The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order 2014
This Order specifies the levy ceiling (articles 2 and 3) and the amount of the compensation cap (article 4) for use in relation to the Pension Protection Fund in the financial year beginning on 1st April 2014.
Lifecycle
Department
Made
08 Jan 2014
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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 4.4% the general level at the end of the period taken into account for the last such review under that section.
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