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The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order 2024

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This is the original version (as it was originally made).

Statutory Instruments

2024 No. 101

PENSIONS

The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order 2024

Made

30th January 2024

Laid before Parliament

1st February 2024

Coming into force in accordance with article 1(2) to (4)

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(1).

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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