{
  "url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-amendment-regulations-2021/regulation-2",
  "json_url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-amendment-regulations-2021/regulation-2.json",
  "legislation": "uksi/2021/214",
  "legislation_title": "The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2021",
  "legislation_url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-amendment-regulations-2021",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendment of the Occupational and Personal Pension Schemes (General Levy) Regulations 2005",
  "text": "(1) The Occupational and Personal Pension Schemes (General Levy) Regulations 2005 are amended as follows.\n(2) In regulation 6 (amount of the general levy: occupational pension schemes)—\n(a) in paragraph (1), for “in column (1) of the table in paragraph (2)” substitute “for that financial year for that scheme in column (1) of the appropriate table in Part 1 of the Schedule”;\n(b) omit paragraph (2).\n(3) In regulation 7 (amount of the general levy: personal pension schemes)—\n(a) in paragraph (1), for “in column (1) of the table in paragraph (2)” substitute “for that financial year in column (1) of the appropriate table in Part 2 of the Schedule”;\n(b) omit paragraph (2).\n(4) At the end insert—\n“SCHEDULE\nAMOUNT OF THE GENERAL LEVY\nRegulations 6(1) and 7(1)\nPART 1\nOCCUPATIONAL PENSION SCHEMES\n1. (1) In this Part—\n“defined benefits scheme”, “hybrid scheme” and “money purchase scheme” have the meanings given in section 99 of the Pensions Act 2008;\n“Master Trust scheme” has the meaning given in section 1 of the Pension Schemes Act 2017.\n(2) Where an occupational pension scheme—\n(a) is both a Master Trust scheme and a money purchase scheme; or\n(b) is both a Master Trust scheme and a hybrid scheme,\nthe scheme shall be treated for the purposes of this Part as a Master Trust scheme.\n2. This table relates to defined benefits schemes and hybrid schemes for the financial year beginning with 1st April 2021—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£32\n12 to 99\n£3.17 multiplied by M\nNot applicable\n100 to 999\n£2.29 multiplied by M\n£310\n1,000 to 4,999\n£1.78 multiplied by M\n£2,290\n5,000 to 9,999\n£1.35 multiplied by M\n£8,900\n10,000 to 499,999\n£0.95 multiplied by M\n£13,500\n500,000 or more\n£0.72 multiplied by M\n£475,000.\n3. This table relates to defined benefits schemes and hybrid schemes for the financial year beginning with 1st April 2022—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£54\n12 to 99\n£5.33 multiplied by M\nNot applicable\n100 to 999\n£3.85 multiplied by M\n£530\n1,000 to 4,999\n£3.00 multiplied by M\n£3,850\n5,000 to 9,999\n£2.28 multiplied by M\n£15,000\n10,000 to 499,999\n£1.59 multiplied by M\n£22,800.\n500,000 or more\n£1.20 multiplied by M\n£795,000.\n4. This table relates to defined benefits schemes and hybrid schemes for the financial year beginning with 1st April 2023—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£64\n12 to 99\n£6.34 multiplied by M\nNot applicable\n100 to 999\n£4.58 multiplied by M\n£630\n1,000 to 4,999\n£3.56 multiplied by M\n£4,580\n5,000 to 9,999\n£2.71 multiplied by M\n£17,800\n10,000 to 499,999\n£1.89 multiplied by M\n£27,100\n500,000 or more\n£1.43 multiplied by M\n£945,000.\n5. This table relates to money purchase schemes for the financial year beginning with 1st April 2021—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£32\n12 to 99\n£3.17 multiplied by M\nNot applicable\n100 to 999\n£2.29 multiplied by M\n£310\n1,000 to 4,999\n£1.78 multiplied by M\n£2,290\n5,000 to 9,999\n£1.35 multiplied by M\n£8,900\n10,000 to 499,999\n£0.95 multiplied by M\n£13,500\n500,000 or more\n£0.72 multiplied by M\n£475,000.\n6. This table relates to money purchase schemes for the financial year beginning with 1st April 2022—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£38\n12 to 99\n£3.74 multiplied by M\nNot applicable\n100 to 999\n£2.70 multiplied by M\n£370\n1,000 to 4,999\n£2.11 multiplied by M\n£2,700\n5,000 to 9,999\n£1.60 multiplied by M\n£10,550\n10,000 to 499,999\n£1.12 multiplied by M\n£16,000\n500,000 or more\n£0.85 multiplied by M\n£560,000.\n7. This table relates to money purchase schemes for the financial year beginning with 1st April 2023—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£44\n12 to 99\n£4.32 multiplied by M\nNot applicable\n100 to 999\n£3.12 multiplied by M\n£430\n1,000 to 4,999\n£2.43 multiplied by M\n£3,120\n5,000 to 9,999\n£1.85 multiplied by M\n£12,150\n10,000 to 499,999\n£1.29 multiplied by M\n£18,500\n500,000 or more\n£0.98 multiplied by M\n£645,000.\n8. This table relates to Master Trust schemes for the financial year beginning with 1st April 2021—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£31\n12 to 99\n£3.02 multiplied by M\nNot applicable\n100 to 999\n£2.18 multiplied by M\n£300\n1,000 to 4,999\n£1.70 multiplied by M\n£2,180\n5,000 to 9,999\n£1.29 multiplied by M\n£8,500\n10,000 to 499,999\n£0.90 multiplied by M\n£12,900\n500,000 or more\n£0.68 multiplied by M\n£450,000.\n9. This table relates to Master Trust schemes for the financial year beginning with 1st April 2022—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£32\n12 to 99\n£3.08 multiplied by M\nNot applicable\n100 to 999\n£2.23 multiplied by M\n£300\n1,000 to 4,999\n£1.73 multiplied by M\n£2,230\n5,000 to 9,999\n£1.32 multiplied by M\n£8,650\n10,000 to 499,999\n£0.92 multiplied by M\n£13,200\n500,000 or more\n£0.70 multiplied by M\n£460,000.\n10. This table relates to Master Trust schemes for the financial year beginning with 1st April 2023—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£32\n12 to 99\n£3.14 multiplied by M\nNot applicable\n100 to 999\n£2.27 multiplied by M\n£310\n1,000 to 4,999\n£1.77 multiplied by M\n£2,270\n5,000 to 9,999\n£1.34 multiplied by M\n£8,850\n10,000 to 499,999\n£0.94 multiplied by M\n£13,400\n500,000 or more\n£0.71 multiplied by M\n£470,000.\nPART 2\nPERSONAL PENSION SCHEMES\n11. This table relates to the financial year beginning with 1st April 2021—\nNumber of members on the reference day\nAmount of levy calculated by reference to number of members (M)\nMinimum amount of levy\n2 to 11\n£13\n12 to 99\n£1.21 multiplied by M\nNot applicable\n100 to 999\n£0.85 multiplied by M\n£120\n1,000 to 4,999\n£0.72 multiplied by M\n£850\n5,000 to 9,999\n£0.48 multiplied by M\n£3,600\n10,000 to 499,999\n£0.37 multiplied by M\n£4,800\n500,000 or more\n£0.27 multiplied by M\n£185,000.\n12. This table relates to the financial year beginning with 1st April 2022—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£13\n12 to 99\n£1.23 multiplied by M\nNot applicable\n100 to 999\n£0.87 multiplied by M\n£120\n1,000 to 4,999\n£0.74 multiplied by M\n£870\n5,000 to 9,999\n£0.49 multiplied by M\n£3,700\n10,000 to 499,999\n£0.37 multiplied by M\n£4,900\n500,000 or more\n£0.28 multiplied by M\n£185,000.\n13. This table relates to the financial year beginning with 1st April 2023—\nNumber of members on the reference day\nAmount of levy calculated by reference to the number of members (M)\nMinimum amount of levy\n2 to 11\n£14\n12 to 99\n£1.25 multiplied by M\nNot applicable\n100 to 999\n£0.88 multiplied by M\n£120\n1,000 to 4,999\n£0.75 multiplied by M\n£880\n5,000 to 9,999\n£0.50 multiplied by M\n£3,750\n10,000 to 499,999\n£0.38 multiplied by M\n£5,000\n500,000 or more\n£0.28 multiplied by M\n£190,000.\n”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2005/626. Relevant amending instrument is S.I. 2017/203."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "2008 c. 30. Section 99 is amended but none of the amendments are relevant."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "2017 c .17."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/214/regulation/2",
    "retrieved_at": "2026-10-28T22:16:50.624592+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}