The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order 2024 (revoked)
This Order specifies the earnings percentage used to calculate the levy ceiling (article 3) and the amount of the levy ceiling (article 4) for use in relation to the Pension Protection Fund in the financial year beginning on 1st April 2024.
Sign in to trackLast fetched 03 May 2026 · legislation.gov.uk
Lifecycle
Department
Made
30 Jan 2024
—
Comes into force
TBC
Enabling power
The Secretary of State makes the following Order in exercise of the powers conferred by sections 178(1) and (6) and 315(2) and (5) of the Pensions Act 2004. In accordance with section 178(5) of that Act, the Secretary of State has reviewed the general level of earnings obtaining in Great Britain during the period of 12 months ending with 31st July 2023, and it appears to the Secretary of State that the general level of earnings has increased during that period.
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