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 the Guaranteed Minimum Pension element of 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 Pension Protection Fund legislation in relation to inflation protection on Guaranteed Minimum Pensions. The Secretary of State therefore does not intend to make such an assessment at this time.