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Private Pensions

Table 24: PPF funding levels of DB pension schemes[1], [2]

 

Deficit of schemes in deficit (£bn)

Number of schemes in deficit

Surplus of schemes in surplus (£bn)

Number of schemes in surplus

Aggregate balance (£bn)

Feb-14

126

3,919

71

2,231

-55

May-14

122

3,845

79

2,212

-43

Aug-14

167

4,250

60

1,807

-107

Nov-14

224

4,608

47

1,449

-177

Feb-15

328

4,987

33

1,070

-294

May-15

261

4,573

45

1,372

-216

Aug-15

253

4,569

45

1,376

-208

Nov-15

274

4,663

41

1,282

-233

Feb-16

296

4,727

40

1,218

-255

May-16

263

4,450

55

1,344

-208

Aug-16

393

4,751

43

1,043

-350

Nov-16

344

4,596

52

1,198

-291

Feb-17

288

4,327

67

1,467

-221

May-17

253

4,008

83

1,580

-170

Aug-17

226

3,847

94

1,741

-132

Nov-17

198

3,671

108

1,917

-90

Feb-18

191

3,604

115

1,984

-76

May-18

178

3,356

124

2,094

-55

Aug-18

167

3,240

133

2,210

-34

Nov-18

170

3,291

129

2,159

-41

Feb-19

162

3,193

140

2,257

-21

 

[1] PPF 7800 Index. Funding position calculated based on s179 basis. This is what would have to be paid to an insurance company to take on the payment of Pension Protection Fund levels of compensation.

[2] For further information see http://www.pensionprotectionfund.org.uk/Pages/PPF7800Index.aspx

 

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