Written Question·Department for Work and Pensions·UIN 53677

Workplace Pensions: Index Linking

Tabled: 20 May 2025
Answered: 23 May 2025

Question

Helen Morgan

Liberal Democrat — North Shropshire

To ask the Secretary of State for Work and Pensions, what steps her Department is taking to help support pensioners in North Shropshire constituency whose pre-1997 contributions are not subject to indexation.

Answer

Torsten Bell
Most schemes do pay some pre-1997 indexation, because of scheme rules or as a discretionary benefit. Analysis published last year by the Pensions Regulator shows that as of March 2023, only 17 per cent of members of private sector defined benefit pension ...
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