The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order (Northern Ireland) 2026
Made: 6th March 2026
Coming into operation: 31st March 2026
Accordingly the Department for Communities[^f00004] makes the following Order:
Citation and commencement
1
This Order may be cited as the Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order (Northern Ireland) 2026 and shall come into operation on 31st March 2026.
The levy ceiling
2
For the purposes of Article 160 of the Pensions (Northern Ireland) Order 2005 (amounts to be raised by the pension protection levies), the levy ceiling for the financial year beginning on 1st April 2026 is £1,473,343,665.61.
Revocation
3
The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order (Northern Ireland) 2025[^f00005] is revoked.
Signed
Sealed with the Official Seal of the Department for Communities on 6th March 2026.
David Tarr — A senior officer of the Department for Communities
Explanatory note
(This note is not part of the Order)
EXPLANATORY NOTE
This Order, which corresponds to provisions of an Order (S.I. 2026/83) made by the Secretary of State for Work and Pensions under section 178 of the Pensions Act 2004, specifies, for the purposes of Article 160 of the Pensions (Northern Ireland) Order 2005 (“the 2005 Order”), the levy ceiling for the financial year beginning on 1st April 2026.
Article 158 of the 2005 Order provides that the Board of the Pension Protection Fund must impose pension protection levies for each financial year falling after the initial period (as defined by Article 157 of the 2005 Order). Article 160 of the 2005 Order provides for the amount to be raised by the pension protection levies, subject to an annual ceiling.
Article 2 of this Order specifies that the levy ceiling for the financial year beginning on 1st April 2026 is £1,473,343,665.61.
Article 3 makes a revocation.
Footnotes
[^f00001]: S.I. 2005/255 (N.I. 1)
[^f00002]: S.I. 2026/83
[^f00003]: 2004 c. 35
[^f00004]: Seesection 1(7) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))
[^f00005]: S.R. 2025 No. 38
Editorial notes
[^key-3b9a3efb4e8569de9c51e2268f66fb5d]: Art. 1 in operation at 31.3.2026, see art. 1
[^key-0e4e35081fb2d04be1ea85fd6584d678]: Art. 2 in operation at 31.3.2026, see art. 1
[^key-97a56118e2eb4ae93b14c621cf783173]: Art. 3 in operation at 31.3.2026, see art. 1
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