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908455
star this property registered interest false more like this
star this property date less than 2018-05-21more like thismore than 2018-05-21
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
unstar this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
unstar this property hansard heading Pension Protection Fund: Carillion remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What steps she is taking to ensure that support is provided for former Carillion employees whose pensions will not be covered by the Pension Protection Fund. more like this
star this property tabling member constituency Sunderland Central more like this
star this property tabling member printed
Julie Elliott more like this
star this property uin 905457 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-05-21more like thismore than 2018-05-21
star this property answer text <p>There are 12 Carillion DB schemes in the Pension protection Fund (PPF) assessment period.</p><p> </p><p>The PPF are working with scheme administrators to determine whether they can pay pensions at or above PPF benefits. Where a scheme cannot do this, the PPF will assume responsibility and pay compensation.</p><p><strong> </strong></p><p>Individuals above their scheme’s normal pension age will receive 100% of their accrued pension, and all other members will receive 90%, subject to an overall cap.</p><p> </p> more like this
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2018-05-21T16:38:21.867Zmore like thismore than 2018-05-21T16:38:21.867Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4127
unstar this property label Biography information for Julie Elliott more like this