Workplace Pensions: Index Linking
Commons · Question 53677 · Tabled 20 May 2025 · Department for Work and Pensions · Official record
Answered 23 May 2025
Question
Asked by Helen Morgan
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
Answered by Torsten Bell, 23 May 2025
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 ...