Piggyback IOL refers to the implantation of a second intraocular lens onto an existing one to correct postoperative refractive errors, requiring specific preconditions such as a stable primary IOL and a healthy anterior chamber. The procedure has particular indications, including hyperopic postoperative refractive errors, but is contraindicated in cases of loose zonules or significant corneal endothelial cell loss. While it has advantages like improved image quality and better depth of focus, potential complications include intralenticular opacification and postoperative pigment dispersion.