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908455
registered interest false more like this
date less than 2018-05-21more like thismore than 2018-05-21
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions remove filter
hansard heading Pension Protection Fund: Carillion more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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
tabling member constituency Sunderland Central more like this
tabling member printed
Julie Elliott more like this
uin 905457 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-05-21more like thismore than 2018-05-21
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
answering member constituency Hexham more like this
answering member printed Guy Opperman more like this
question first answered
remove filter
answering member
4142
label Biography information for Guy Opperman more like this
tabling member
4127
label Biography information for Julie Elliott more like this