1.1.I.50 Indexation of PPL income limit

Definition

For the purposes of the PPL scheme, indexation means periodically adjusting the value of the PPL income limit (on 1 July each year starting 1 July 2020 - the indexation day) by an indexation factor (1.1.I.40) calculated in line with CPI increases.

Act reference: PPLAct section 41 The PPL income limit, section 42 Indexation of the PPL income limit

Policy reference: PPL Guide 2.2.3.30 Indexation of PPL Income Limit for PLP

Last reviewed: 20 September 2016