Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what her Department's policy is on compensating people affected by the clawback feature of the Midland Bank pension scheme.

Integrated pensions are intended to provide people who retire before their State Pension age with a similar pension income before and after their State Pension comes into payment. A member’s scheme pension is calculated so that the scheme pays a higher pension before the person reaches State Pension age, which is then reduced at State Pension age to take account of their State Pension.

If members of an integrated pension scheme believe that the scheme has not followed its rules or the relevant law (including clear communication what benefit the scheme provides), they should use the scheme’s internal dispute resolution service, which every scheme is required to have. If they are not satisfied with the outcome, they can take the matter to the Pensions Ombudsman who can consider if any redress is appropropriate.