PPF 7800 Index
By Pension Protection Fund
The PPF 7800 Index tracks the level of underfunding risk in the PPF-eligible universe using the latest scheme return information provided to The Pensions Regulator and the roll- forward methodology used for PPF levy purposes. There are certain simplifications within the levy calculation, as described in note 4 on page 7 of this document, that should be borne in mind when interpreting these results. In particular, the assets and liabilities have not been reduced for benefit payments made since the schemes’ latest valuations, on the grounds that such an adjustment (and the resulting simplification) will not affect the calculated surplus/deficit.
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