皇冠体育app

Bridging pensions allow individuals who retire before reaching State Pension age to be paid a higher rate of pension initially. 皇冠体育app bridging pension then reduces when the individual begins to receive their State Pension or reaches an age specified in their pension scheme rules.

皇冠体育app draft Pension Protection Fund (Compensation) (Amendment) Regulations 2017 would allow the Pension Protection Fund (PPF) to take account of bridging pensions by smoothing the amount of PPF compensation over the individual鈥檚 lifetime.

This consultation seeks views on:

• the implications of the government鈥檚 preferred option to allow the PPF to take account of bridging pensions by smoothing the amount of PPF compensation over the individual鈥檚 lifetime
• whether the draft regulations achieve their intended purpose

We welcome comments from:

• pension scheme trustees, administrators and managers
• members of defined benefit occupational pension schemes
• PPF levy payers
• other interested parties