United Kingdom · Question · Written question
UIN 18944
Pensions: Financial Assistance Scheme
Original
Introduced
15 March 2024
Last action
21 March 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
21 March 2024
Summary
To ask the Secretary of State for Work and Pensions, if he will make an estimate of the cost of uprating pensions payable through the Financial Assistance Scheme to the same level as those payable through the Pension Protection Fund.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 March 2024
Written question
To ask the Secretary of State for Work and Pensions, if he will make an estimate of the cost of uprating pensions payable through the Financial Assistance Scheme to the same level as those payable through the Pension Protection Fund.
Source: Commons
21 March 2024
Answer
The indexation rules for the Pension Protection Fund and the Financial Assistance Scheme are the same. Payments based on benefits accrued after April 1997 are increased in line with the Consumer Price Index, capped at 2.5 per cent. There is no award of in...
Source: Written answer
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- · Department for Work and Pensions · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-03-15/18944
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1696497
- uk · wq-1696497 · source updated 21 March 2024