Written Question·Department for Work and Pensions·UIN 61208
Workplace Pensions: Uprating
Tabled: 19 June 2025
Answered: 25 June 2025
Question
Bell Ribeiro-Addy
Labour — Clapham and Brixton Hill
To ask the Secretary of State for Work and Pensions, what steps she is taking to prevent companies sponsoring pensions from reducing pension indexation rates below promised levels.
Answer
Torsten BellDefined Benefit schemes are legally required to increase pensions in payment annually (for pension rights earned from April 1997 onwards) to provide pensioners with a measure of protection against the effects of inflation. Before April 1997, there was no ...
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