questionText: To ask the Secretary of State for Work and Pensions, if he will make an estimate of the cost of uprating pensions payable through the Financial Assistance Scheme to the same level as those payable through the Pension Protection Fund.
answerText: The indexation rules for the Pension Protection Fund and the Financial Assistance Scheme are the same. Payments based on benefits accrued after April 1997 are increased in line with the Consumer Price Index, capped at 2.5 per cent. There is no award of in...
heading: Pensions: Financial Assistance Scheme