B

Baroness Sherlock (Lab)

Speaking in the House of Lords on 23 March 2026

Debate

Pension Schemes Bill

Contribution

My Lords, in moving Amendment 121 in my name, I will speak also to the other government amendments. We have already debated our reforms introducing prospective increases in compensation payments from the Pension Protection Fund, PPF, and the Financial Assistance Scheme, FAS, on pensions built up before 6 April 1997. These will be CPI-linked, capped at 2.5% and applied prospectively to payments going forward for members whose former schemes provided for these increases. I have tabled two groups of minor and technical amendments to ensure that the measures operate as intended.

More from Baroness Sherlock (Lab)

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

Partner sites