The Pension Protection Fund (State Aid) (Amendment) (EU Exit) Regulations (Northern Ireland) 2020 - screening

Date published: 14 December 2020

The Pension Protection Fund (PPF) which operates across Britain and NI was established to provide a safety net for members of defined benefit schemes.  It provides compensation for members of eligible occupational pension schemes, where the sponsoring employer is insolvent and the scheme has insufficient assets to pay benefits at PPF compensation levels.  The PPF is funded via a combination of transferred scheme funds, recoveries from insolvent employers, investment returns and a levy on eligible schemes.

 

Details

 

Exisiting/Revised/New: Existing
Date of Screening: 10/12/2020
Screening Outcome - Full EQIA recommended: No

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