Written Question·Department for Work and Pensions·UIN 111115

Pension Protection Fund

Tabled: 5 February 2026
Answered: 12 February 2026

Question

Stuart Andrew

ConservativeDaventry

To ask the Secretary of State for Work and Pensions, whether he has made an assessment of the potential merits of uprating Pension Protection Fund compensation for members who lost indexation from April 1997, to reflect the value their pensions would have

Answer

Torsten Bell
Indexation in the Pension Protection Fund (PPF) on pensions built up on or after 6 April 1997 (post-1997 indexation) broadly reflects the statutory requirements for Defined Benefit schemes more generally, which are in line with the consumer prices index, ...

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