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, in the context of recent increases in inflation, what recent assessment he has made of the impact on the value of pensions received by members of the Pension Protection Fund of the provisions of the Pensions Act 2005 on the non-indexation of defined benefits pension rights accrued prior to 6 April 2007.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
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 legislation relating to the indexation of payments from the Pension Protection Fund and the Secretary of State has made no such assessment at this time.

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