PPLI
PPLI stands for Pension Protection Fund of Luxembourg.
It is a pension fund that provides a guarantee to the pension benefits of employees in Luxembourg.
- Guarantee: PPLI guarantees the payment of pension benefits to employees in the event of a pension fund's insolvency.
- Eligibility: PPLI is available to employees who have contributed to a pension fund in Luxembourg.
- Benefits: PPLI provides a guaranteed minimum pension benefit to employees, ensuring that they receive a certain level of income in retirement.