questionText: To ask the Secretary of State for Work and Pensions, whether the Government has considered bringing forward the planned January 2027 implementation of CPI-linked increases for pre-1997 PPF and FAS accruals to ensure that members with limited life expectancy benefit.
answerText: The Government has tabled an amendment which provides that compensation payments from the Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS) on pensions built up before April 1997 will now be linked to CPI-inflation (capped at 2.5%) and a...
heading: Financial Assistance Scheme and Pension Protection Fund: Index Linking