Workplace Pensions: Inflation

(asked on 27th February 2025) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what information her Department holds on the number of American Express retirees in the UK impacted by the lack of statutory inflation protection for pre-1997 defined benefit pensions.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 6th March 2025

The Department for Work and Pensions does not hold individual occupational pension scheme data.

Discretionary increases in benefits above the statutory minimum and those required by scheme rules are a matter for the scheme sponsor and trustees.

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