questionText: To ask the Secretary of State for Work and Pensions, with reference to the recommendations of the Third Report of Session 2023–24 of the Work and Pensions Committee, Defined benefit pension schemes, published on 26 March 2024, HC 144, whether she plans to bring forward legislative proposals to amend schedule 7 of the Pensions Act 2004 to enable members of the Pension Protection Fund to receive indexation in respect of pensionable service prior to 5 April 1997.
answerText: We are committed to considering and reflecting on what we have heard regarding the issue of Pension Protection Fund and Financial Assistance Scheme rules on the indexation of pre-1997 pension accruals. We understand it is an important issue for those affe...
heading: Pension Protection Fund