questionText: To ask the Secretary of State for Work and Pensions, what steps she is taking to prevent companies sponsoring pensions from reducing pension indexation rates below promised levels.
answerText: Defined Benefit schemes are legally required to increase pensions in payment annually (for pension rights earned from April 1997 onwards) to provide pensioners with a measure of protection against the effects of inflation. Before April 1997, there was no ...
heading: Workplace Pensions: Uprating