Pension Protection Fund
(asked on 1st February 2023) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential merits of bringing forward legislative proposals to enable the Pension Protection Fund to provide inflation protection for pensionable service prior to 6 April 1997 for pensions in the schemes within its remit.
This question was answered on 8th February 2023
While all legislation is kept under review as a matter of course, there are currently no plans to review the PPF indexation rules, or indeed the wider legislation to which they relate. The Secretary of State has therefore made no such assessment and does not intend to do so at this time.