Written Question·Department for Work and Pensions·UIN 34539

Pensions: Inflation

Tabled: 27 February 2025
Answered: 6 March 2025

Question

Siân Berry

Green PartyBrighton Pavilion

To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 17 January 2025 to Question 22765 on Pensions: Inflation, whether he has had discussions with American Express.

Answer

Torsten Bell
The Department for Work and Pensions does not hold individual occupational pension scheme data. Discretionary increases in benefits above the statutory minimum and those required by scheme rules are a matter for the scheme sponsor and trustees.