Written Question·Department for Work and Pensions·UIN 41309
Workplace Pensions: Inflation
Tabled: 25 March 2025
Answered: 2 April 2025
Question
Zöe Franklin
Liberal Democrat — Guildford
To ask the Secretary of State for Work and Pensions, whether her Department plans to require profitable companies to increase pre-1997 occupational pensions in line with inflation.
Answer
Torsten BellMembers of defined benefit pension schemes with non-indexed pre-1997 pension accrued, are now understandably concerned at seeing inflation erode the value of their retirement income. The Government’s recently announced reforms on the use of surpluses in d...
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