Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

1506697

	registered interest
	date	20/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Guaranteed Minimum Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many pensioners affected by the Guaranteed Minimum Pension reconciliation exercise had their pensions (a) reduced and (b) increased; and what was the (a) highest loss, (b) lowest loss and (c) average loss of pension for those pensioners.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	51969
	answer	answer is ministerial correction date of answer 23/09/2022 answer text This question is being answered assuming the Hon. Member for Angus is referring to the Scheme Reconciliation Service that ended in 2021 and that the pension information requested relates to occupational pensions. HMRC are unable to provide the data requested. answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 23/09/2022 16:01:25 answering member 3912 label Biography information for Richard Fuller
	tabling member	4736 label Biography information for Dave Doogan

1434595

	registered interest
	date	23/02/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Guaranteed Minimum Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many people have had their guaranteed minimum pensions reduced in financial year 2021-22 following reviews by HMRC in (a) Scotland and (b) the rest of the UK.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	128322
	answer	answer is ministerial correction date of answer 03/03/2022 answer text <p>HMRC do not hold the information requested.</p><p> </p><p>Pension Scheme Administrators (PSAs) can compare the Guaranteed Minimum Pension (GMP) value they hold against HMRC records using the online GMP Checker Service held on GOV.UK. However, if the information held by HMRC indicates to PSAs that its records are incorrect and a lower amount is payable than is in payment, it doesn’t mean that the scheme needs to reduce the pension in payment. This is a decision for the pension scheme.</p><p> </p><p>It is the responsibility of pension schemes and employers to maintain records of their pension scheme memberships and administer their members or employees’ pensions. It is for the pension provider to calculate and make the correct payments to individuals.</p> answering member constituency Salisbury answering member printed John Glen question first answered 03/03/2022 14:19:33 answering member 4051 label Biography information for John Glen
	tabling member	4470 label Biography information for Alan Brown

1487644

	registered interest
	date	08/07/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Guaranteed Minimum Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, under what circumstances the (a) Department for Work and Pensions or (b) HMRC may change an individual’s Guaranteed Minimum Payment information.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	33004
	answer	answer is ministerial correction date of answer 13/07/2022 answer text <p>An individual’s National Insurance record is a living entity that can be updated at any time through routine ‘business as usual’ reviews or if additional information is received from Pension Scheme Administrators and/or employers. Any of these updates to the National Insurance record could result in a change to the Guaranteed Minimum Pension value held on HMRC records.</p> answering member constituency South East Cambridgeshire answering member printed Lucy Frazer question first answered 13/07/2022 11:10:28 answering member 4517 label Biography information for Lucy Frazer
	tabling member	4736 label Biography information for Dave Doogan