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1148722
star this property registered interest false more like this
star this property date less than 2019-10-14more like thismore than 2019-10-14
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 remove filter
star this property answering dept short name Work and Pensions more like this
unstar this property answering dept sort name Work and Pensions more like this
unstar this property hansard heading Pension Protection Fund more like this
unstar 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 To ask the Secretary of State for Work and Pensions, if she will take steps to amend the Pension Protection Fund rules to allow people with pre-April 1997 pensionable service to receive increases to their pension of up to 2.5 per cent. remove filter
star this property tabling member constituency Warrington South more like this
star this property tabling member printed
Faisal Rashid more like this
star this property uin 267 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 2019-10-21more like thismore than 2019-10-21
star this property answer text <p>The Pension Protection Fund is a well-established compensation scheme with cross party support. Without the Pension Protection Fund, most company insolvencies would mean that members of Defined Benefit pension schemes could be facing significant financial insecurity in retirement. The Pension Protection Fund was never intended to replicate scheme benefits in their entirety.</p><p> </p><p>There are ongoing court cases relating to the Pension Protection Fund compensation and so it would be inappropriate to comment further until the final judgments have been handed down. Once the litigation is concluded we will review the position.</p><p> </p> more like this
star this property answering member constituency Hexham more like this
unstar this property answering member printed Guy Opperman more like this
star this property question first answered
less than 2019-10-21T14:33:58.63Zmore like thismore than 2019-10-21T14:33:58.63Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4670
unstar this property label Biography information for Faisal Rashid more like this