Member

All the government amendments in this group, apart from Amendment 144, apply to schemes that, in relation to pre-1997 pensionable service, provided for statutory increases only on guaranteed minimum pensions, GMPs, earned on or after 6 April 1988—post-88 GMPs—but have at some point equalised their GMPs. As noble Lords may be aware, GMPs differ for men and women, reflecting historical inequalities of treatment. Men and women received GMPs at different ages, 65 and 60 respectively, but the principle of equal pensions for men and women has long been established through a series of court judgments. Pension schemes use different methods to equalise their GMPs to address the historical inequalities of treatment between male and female pension scheme members.