Pensions: Compensation Payments

House of Lords written question – answered at on 10 October 2005.

Alert me about debates like this

Photo of Lord Taylor of Warwick Lord Taylor of Warwick Conservative

asked Her Majesty's Government:

When compensation payments to employees and former employees of insolvent companies, whose pension schemes have been wound up, will commence.

Photo of Lord Hunt of Kings Heath Lord Hunt of Kings Heath Parliamentary Under-Secretary, Department for Work and Pensions, Parliamentary Under-Secretary (Department for Work and Pensions)

We hope to be in a position to make the first assistance payments from the financial assistance scheme before the end of the calendar year.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.