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The Board of the Pension Protection Fund (the PPF) is a statutory fund in the United Kingdom and the British counterpart of the American Pension Benefit Guaranty Corporation. It was created under the Pensions Act 2004. The Board of the PPF is a statutory corporation responsible for managing the Fund and for making payments to members.〔(Pension Protection Fund )〕 The PPF started on 6 April 2005 in response to public concern that when employers sponsoring defined benefit pension schemes became insolvent, scheme members could lose some or all of their pension if the scheme was underfunded. Besides offering compensation to those pension scheme members affected by insolvencies the Government hoped that the existence of the PPF would improve confidence in pension schemes generally. The Board of the PPF has also taken over responsibility for managing the Fraud Compensation Fund, which will provide compensation to members of pension schemes who lose their entitlements due to Fraud. The PPF is chaired by Lady Barbara Judge.〔(Pension Protection Fund )〕 ==Eligible Schemes== Most defined benefit schemes, as well as the defined benefit portion of hybrid pension schemes based in the United Kingdom are eligible for protection. The exceptions include schemes that are covered by a crown guarantee. 〔 〕 All eligible schemes are required to pay annual levies to the PPF to contribute towards administration and the compensation Fund itself. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Pension Protection Fund」の詳細全文を読む スポンサード リンク
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