questionText: To ask the Secretary of State for Work and Pensions, what assessment has he made of the number of FAS and PPF members whose original pension scheme did not provide for specified pre-1997 indexation and will therefore not be included in the Government’s plans announced in the Budget on 26 November.
answerText: At the Budget, the Chancellor announced that the Government will introduce pre-1997 indexation in the Pension Protection Fund (PPF) and the Financial Assistance Scheme (FAS), for members whose original schemes provided this. Compensation payments from the...
heading: Workplace Pensions: Index Linking