The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling and Compensation Cap) Order (Northern Ireland) 2020
This Order, which corresponds to provisions of an Order (S.I. 2020/101) made by the Secretary of State for Work and Pensions under section 178 of, and paragraphs 26A(7) and 27(2) and (3) of Schedule 7 to, the Pensions Act 2004 (“the Act”), specifies the levy ceiling and the amount of the standard amount of the compensation cap for use in relation to the Pension Protection Fund in the financial year beginning on 1st April 2020.