MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.
7th January 2009
:: Scheme Member | How secure is my pension? | A safety net for pension schemes?

Hasn't the Government introduced a Safety Net for Pension Schemes?  
The Pension Protection Fund (PPF) was established by the Pensions Act 2004 and launched in April 2005. It will ‘compensate’ you if, as a pension scheme member, your pension scheme suffers a ‘qualifying insolvency event’. Generally, this means that the sponsoring employer has gone into receivership.
 
Crucially, any pension increases made under the PPF (before or during payment) are limited, and could be much lower than those that would have been available from your pension scheme.
 
Our Factsheet provides you with vital information about what to expect.
 
To find out more, choose one of our free Factsheets on the right to match your category of membership.
 
 
Not sure which category of member you are? See our definitions:
 
 
 
 
 
See our Glossary for definitions of phrases in our Factsheets
       
 
 
 
 
 
  Defined Benefit scheme members
 
Hasn't the Government introduced a Safety Net for Pension Schemes? - for Active Members of Defined Benefit Schemes
Hasn't the Government introduced a Safety Net for Pension Schemes? - for Preserved Members of Defined Benefit Schemes
Hasn't the Government introduced a Safety Net for Pension Schemes? - for Pensioner Members of Defined Benefit Schemes
       
 
  Money Purchase scheme members
 
This Factsheet is not yet available to members of Money Purchase schemes
This Factsheet is not yet available to members of Money Purchase schemes 
 
     

© MyCompanyPension.co.uk Ltd – 2009