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U = [1.21 (1.05) x PPF liability – assets] if less than 120% (104%) funded.

To print the calendar updates so that they can be attached to the back of your current calendar, go into the Print Properties menu, set Orientation to Landscape and Pages per Sheet to 2. The printouts should then be the correct size!.

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U = [1.21 (1.05) x PPF liability – assets] if less than 120% (104%) funded.

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  1. To print the calendar updates so that they can be attached to the back of your current calendar, go into the Print Properties menu, set Orientation to Landscape and Pages per Sheet to 2. The printouts should then be the correct size!

  2. To print the calendar updates so that they can be attached to the back of your current calendar, go into the Print Properties menu, set Orientation to Landscape and Pages per Sheet to 2. The printouts should then be the correct size!

  3. To print the calendar updates so that they can be attached to the back of your current calendar, go into the Print Properties menu, set Orientation to Landscape and Pages per Sheet to 2. The printouts should then be the correct size!

  4. U = [1.21 (1.05) x PPF liability – assets] if less than 120% (104%) funded. • U = PPF liability x u, if funding position ≥ 120% (104%), where u is set out in the table on the right: To print the calendar updates so that they can be attached to the back of your current calendar, go into the Print Properties menu, set Orientation to Landscape and Pages per Sheet to 2. The printouts should then be the correct size! • Notes: • There are additional rules for calculating the PPL for multi-employer schemes. • Full notes on calculation of value of assets can be found on the PPF website. Source: www.pensionprotectionfund.org.uk

  5. PPF CAP AND CASH CONVERSION FACTORS To print the calendar updates so that they can be attached to the back of your current calendar, go into the Print Properties menu, set Orientation to Landscape and Pages per Sheet to 2. The printouts should then be the correct size! • Notes: • These factors do NOT apply to lump sums resulting from commutation of pension • Factors are shown for age exact at date of retirement • For intermediate ages (determined in complete years and days), factors should be obtained by linear interpolation • These factors will be reviewed from time to time and may be changed without notice • Based on Version 2 (September 2006) • Notes: • These factors are the age specific cap factors to be used to adjust the compensation cap • The same factors should be used for S143 and S179 valuations • These factors will be reviewed from time to time and may be changed without notice • Based on Version 7 (April 2008) Source:www.pensionprotectionfund.org.uk

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