Workplace Pensions

(asked on 24th July 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment she has made of the potential implications for her policies of recommendation 22 of the Third Report of the Work and Pensions Select Committee of Session 2023-24 on Defined benefit pension schemes, HC 144, published on 26 March 2024.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 1st August 2024

The Work and Pensions Select Committee inquiry report on Defined Benefit pension schemes, published in March 2024 helpfully outlines areas to be considered, including the lack of pre-April 97 indexation in the Pension Protection Fund and Financial Assistance Scheme. I recognise the importance of this issue for affected members. I will need to consider this issue in the coming weeks as I receive further briefing on Defined Benefit pensions.

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