Oral Question·Department for Business, Energy and Industrial Strategy
“If he will make a statement on his departmental responsibilities.”
Tabled: 19 October 2022Answered: 25 October 2022
Asked by
Ellie Reeves
Labour — Lewisham West and East Dulwich
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
Answer from Hansard
Emma Reynolds
I thank my hon. Friend for representing the concerns of his constituent. The Department is working closely with the Pensions Regulator. We are looking to gather information on the number of schemes that provide discretionary increases on pre-1997 benefits and those that do not. At the moment, the trustees of those schemes have discretion over the decision to index those benefits.