Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, whether the Pension Protection Fund (PPF) is able to refund PPF levies payments where a pension scheme had been paying the levy and then been found to be ineligible for paying into that fund.
Government Departments are required to reflect any guarantees given in their Annual Report and Accounts. These accounts are laid before Parliament annually.
The Pension Protection Fund will only invoice eligible schemes; but it would refund any levies from schemes that are subsequently found to be ineligible, including where a scheme can demonstrate that it had a historic crown guarantee.