Pension Protection Fund Cap increases

Brian Spence

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The Pension Protection Fund (PPF) has announced that from 1 April the 2009/10 compensation cap for defined benefit pension scheme members has risen by 3.5% to £31,936.32 for individuals aged 65. The compensation payable to scheme members who have taken early retirement has also increased by the same percentage.

Brian Spence

Post by Brian Spence

Fellow of the Institute and Faculty of Actuaries and Society of Actuaries in Ireland, scheme actuary, professional pension trustee