Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Steel Industry

Part of the debate – in the House of Commons at 12:09 pm on 26th May 2016.

Alert me about debates like this

Photo of Sajid Javid Sajid Javid The Secretary of State for Business, Innovation and Skills 12:09 pm, 26th May 2016

If this pension fund ended up in the PPF, the outcome would be different depending on the particular circumstances of this group of members. Where those members are existing pensioners—so they are receiving their pension already—they would typically continue to get 100% of their pension, but the indexation would change to the statutory minima, which is typically CPI.