Written Question·Department for Work and Pensions·UIN 47785

Midland Bank: Pensions

Tabled: 24 April 2025
Answered: 1 May 2025

Question

Munira Wilson

Liberal DemocratTwickenham

To ask the Secretary of State for Work and Pensions, what her Department's policy is on compensating people affected by the clawback feature of the Midland Bank pension scheme.

Answer

Torsten Bell
Integrated pensions are intended to provide people who retire before their State Pension age with a similar pension income before and after their State Pension comes into payment. A member’s scheme pension is calculated so that the scheme pays a higher pe...

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