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911261
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star 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
star this property hansard heading Pension Protection Fund more like this
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 To ask the Secretary of State for Work and Pensions, whether her Department plans to increase the level of compensation payable by the Pension Protection Fund. more like this
star this property tabling member constituency Blaenau Gwent remove filter
star this property tabling member printed
Nick Smith remove filter
unstar this property uin 147872 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-06-04more like thismore than 2018-06-04
star this property answer text <p>The Labour government set up the Pension Protection Fund (PPF) to pay a meaningful level of compensation to DB scheme members where the sponsoring employer becomes insolvent.</p><p> </p><p>The PPF is fundamentally funded by a levy on eligible schemes. Therefore, any decision to increase either the level of compensation, or to provide inflation increases to pensions built up before April 1997, would result in significant increases to levy payers. It is not proposed to change the present law.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN
147873 more like this
147874 more like this
star this property question first answered
less than 2018-06-04T10:53:51.097Zmore like thismore than 2018-06-04T10:53:51.097Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
3928
unstar this property label Biography information for Nick Smith more like this
911262
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star 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
star this property hansard heading Pension Protection Fund more like this
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 To ask the Secretary of State for Work and Pensions, what assessment she has made of the potential merits of providing inflation-linked increases to the amounts payable by the Pension Protection Fund to people with pre-April 1997 pensionable service. more like this
star this property tabling member constituency Blaenau Gwent remove filter
star this property tabling member printed
Nick Smith remove filter
unstar this property uin 147873 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-06-04more like thismore than 2018-06-04
star this property answer text <p>The Labour government set up the Pension Protection Fund (PPF) to pay a meaningful level of compensation to DB scheme members where the sponsoring employer becomes insolvent.</p><p> </p><p>The PPF is fundamentally funded by a levy on eligible schemes. Therefore, any decision to increase either the level of compensation, or to provide inflation increases to pensions built up before April 1997, would result in significant increases to levy payers. It is not proposed to change the present law.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN
147872 more like this
147874 more like this
star this property question first answered
less than 2018-06-04T10:53:51.157Zmore like thismore than 2018-06-04T10:53:51.157Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
3928
unstar this property label Biography information for Nick Smith more like this
911263
star this property registered interest false more like this
star this property date remove filter
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star 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
star this property hansard heading Pension Protection Fund more like this
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 To ask the Secretary of State for Work and Pensions, what estimate she has made of the cost of extending inflation-linked increases to the amounts payable by the Pension Protection Fund to people with pre-April 1997 pensionable service. more like this
star this property tabling member constituency Blaenau Gwent remove filter
star this property tabling member printed
Nick Smith remove filter
unstar this property uin 147874 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-06-04more like thismore than 2018-06-04
star this property answer text <p>The Labour government set up the Pension Protection Fund (PPF) to pay a meaningful level of compensation to DB scheme members where the sponsoring employer becomes insolvent.</p><p> </p><p>The PPF is fundamentally funded by a levy on eligible schemes. Therefore, any decision to increase either the level of compensation, or to provide inflation increases to pensions built up before April 1997, would result in significant increases to levy payers. It is not proposed to change the present law.</p> more like this
star this property answering member constituency Hexham remove filter
star this property answering member printed Guy Opperman more like this
star this property grouped question UIN
147872 more like this
147873 more like this
star this property question first answered
less than 2018-06-04T10:53:51.207Zmore like thismore than 2018-06-04T10:53:51.207Z
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
unstar this property tabling member
3928
unstar this property label Biography information for Nick Smith more like this