UK - The PPF stated 20% of the £575m levy will be raised from all DB occupational pension schemes, regardless of their funding level, and 80% will depend on funding levels of the individual scheme and the risk of insolvency of the employer(s).
On a PPF funding level, if a scheme is less than 104% funded the underfunding risk will be 1% of PPF liabilities. If a scheme can prove it is above 125% funded it will be zero of PPF liabilities. ...
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